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
May 3	B	Weak or Absent	Up	Up	Flat	37.73%
May 2	B	Weak or Absent	Up	Up	Down	37.95%
May 1	B	Weak or Absent	Up	Up	Flat	36.27%
Apr 28	B	Weak or Absent	Up	Up	Flat	36.88%
Apr 27	B	Weak or Absent	Up	Up	Flat	37.28%
Apr 26	B	Weak or Absent	Up	Flat	Down	38.80%
Apr 25	B	Weak or Absent	Up	Flat	Down	38.55%
Apr 24	B	Weak or Absent	Up	Up	Flat	36.15%
Apr 21	B	Weak or Absent	Up	Up	Flat	36.33%
Apr 20	A	Weak or Absent	Up	Up	Flat	36.39%