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 4	B	Weak or Absent	Up	Flat	Down	3.72%
Aug 30	A	Weak or Absent	Up	Up	Up	0.54%
Aug 29	A	Weak or Absent	Up	Up	Flat	0.92%
Aug 28	A	Weak or Absent	Up	Up	Flat	1.42%
Aug 27	A	Weak or Absent	Up	Up	Up	0.69%
Aug 26	A	Weak or Absent	Up	Up	Up	1.15%
Aug 23	A	Weak or Absent	Up	Up	Up	0.77%
Aug 22	A	Weak or Absent	Up	Up	Up	1.83%
Aug 21	A	Weak or Absent	Up	Up	Up	1.15%
Aug 20	B	Weak or Absent	Up	Up	Up	1.66%