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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 12	A	Strong	Up	Up	Up	2.47%
Sep 11	A	Strong	Up	Up	Up	2.84%
Sep 10	A	Strong	Up	Up	Up	3.12%
Sep 9	A	Weak or Absent	Up	Up	Up	3.26%
Sep 6	A	Weak or Absent	Up	Up	Up	3.77%
Sep 5	A	Weak or Absent	Up	Up	Up	3.63%
Sep 4	A	Weak or Absent	Up	Up	Up	4.10%
Sep 3	A	Weak or Absent	Up	Up	Flat	4.67%
Aug 30	A	Weak or Absent	Up	Up	Up	4.34%
Aug 29	A	Weak or Absent	Up	Up	Up	4.38%