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
Sep 11	A	Weak or Absent	Up	Up	Flat	30.28%
Sep 8	A	Weak or Absent	Up	Flat	Flat	30.80%
Sep 7	A	Weak or Absent	Up	Flat	Flat	31.04%
Sep 6	A	Weak or Absent	Up	Flat	Flat	30.71%
Sep 5	A	Weak or Absent	Up	Flat	Flat	30.76%
Sep 1	A	Weak or Absent	Up	Up	Up	30.17%
Aug 31	A	Weak or Absent	Up	Up	Up	29.42%
Aug 30	A	Weak or Absent	Up	Up	Up	29.26%
Aug 29	A	Weak or Absent	Up	Up	Up	30.01%
Aug 28	B	Weak or Absent	Up	Flat	Flat	31.75%