Trend Table for RAYD - The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	A	Weak or Absent	Up	Up	Down	0.09%
Nov 19	A	Weak or Absent	Up	Up	Down	0.25%
Nov 18	A	Weak or Absent	Up	Up	Down	0.28%
Nov 15	A	Strong	Up	Up	Flat	0.47%
Nov 14	A	Strong	Up	Up	Up	-0.77%
Nov 13	A	Strong	Up	Up	Up	-1.35%
Nov 12	A	Weak or Absent	Up	Up	Up	-1.15%
Nov 11	A	Weak or Absent	Up	Up	Up	-1.11%
Nov 8	A	Weak or Absent	Up	Up	Up	-0.96%
Nov 7	A	Weak or Absent	Up	Up	Up	-0.56%