Trend Table for PFFA - Virtus InfraCap U.S. Preferred Stock ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 2	D	Weak or Absent	Down	Down	Down	37.47%
May 1	D	Weak or Absent	Down	Down	Up	34.58%
Apr 28	D	Weak or Absent	Down	Flat	Up	33.88%
Apr 27	D	Weak or Absent	Down	Down	Down	36.09%
Apr 26	D	Weak or Absent	Down	Down	Down	37.69%
Apr 25	D	Weak or Absent	Down	Down	Down	36.81%
Apr 24	D	Weak or Absent	Down	Down	Down	35.36%
Apr 21	D	Weak or Absent	Down	Down	Down	35.23%
Apr 20	D	Weak or Absent	Down	Down	Down	35.15%
Apr 19	D	Weak or Absent	Down	Down	Flat	34.27%