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
May 8	A	Weak or Absent	Up	Up	Up	9.59%
May 7	A	Weak or Absent	Up	Up	Up	9.30%
May 6	A	Weak or Absent	Up	Up	Up	9.22%
May 3	A	Weak or Absent	Up	Up	Up	10.64%
May 2	C	Weak or Absent	Up	Flat	Up	11.90%
May 1	B	Weak or Absent	Up	Down	Flat	12.77%
Apr 30	B	Weak or Absent	Up	Down	Flat	12.70%
Apr 29	B	Weak or Absent	Up	Up	Up	11.19%
Apr 26	B	Weak or Absent	Up	Flat	Up	11.90%
Apr 25	B	Weak or Absent	Up	Down	Flat	13.06%