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
Apr 10	A	Weak or Absent	Up	Up	Down	10.84%
Apr 9	B	Strong	Up	Up	Flat	10.35%
Apr 8	A	Strong	Up	Up	Flat	9.97%
Apr 5	A	Strong	Up	Up	Flat	9.67%
Apr 4	A	Strong	Up	Up	Down	10.38%
Apr 3	A	Strong	Up	Up	Flat	9.36%
Apr 2	A	Strong	Up	Up	Flat	9.87%
Apr 1	A	Strong	Up	Up	Flat	10.00%
Mar 28	A	Strong	Up	Up	Up	9.55%
Mar 27	B	Strong	Up	Up	Flat	9.92%