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
Dec 6	A	Weak or Absent	Up	Up	Flat	30.36%
Dec 5	A	Weak or Absent	Up	Up	Flat	30.22%
Dec 4	A	Weak or Absent	Up	Up	Flat	30.49%
Dec 1	A	Weak or Absent	Up	Up	Up	29.36%
Nov 30	A	Weak or Absent	Up	Up	Flat	30.49%
Nov 29	A	Weak or Absent	Up	Up	Flat	30.49%
Nov 28	A	Weak or Absent	Up	Up	Flat	30.71%
Nov 27	A	Weak or Absent	Up	Up	Up	30.40%
Nov 24	A	Weak or Absent	Up	Up	Up	30.55%
Nov 22	A	Weak or Absent	Up	Up	Up	31.09%