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
Jan 24	A	Strong	Up	Up	Up	20.45%
Jan 23	A	Strong	Up	Up	Up	21.31%
Jan 22	A	Strong	Up	Up	Up	21.19%
Jan 19	A	Strong	Up	Up	Up	21.74%
Jan 18	A	Strong	Up	Up	Up	22.76%
Jan 17	A	Strong	Up	Up	Up	23.84%
Jan 16	A	Strong	Up	Up	Up	23.10%
Jan 12	A	Strong	Up	Up	Up	22.61%
Jan 11	A	Strong	Up	Up	Up	23.49%
Jan 10	A	Strong	Up	Up	Up	23.30%