Trend Table for PHYL - PGIM Active High Yield Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	A	Weak or Absent	Up	Up	Flat	5.18%
May 14	A	Weak or Absent	Up	Flat	Flat	5.76%
May 13	A	Weak or Absent	Up	Flat	Flat	5.88%
May 10	A	Weak or Absent	Up	Flat	Flat	5.88%
May 9	A	Weak or Absent	Up	Flat	Flat	5.73%
May 8	A	Weak or Absent	Up	Up	Up	5.64%
May 7	A	Weak or Absent	Up	Up	Up	5.48%
May 6	A	Weak or Absent	Up	Up	Up	5.48%
May 3	A	Weak or Absent	Up	Up	Up	5.64%
May 2	A	Weak or Absent	Up	Flat	Up	6.14%