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
Feb 17	A	Weak or Absent	Up	Up	Flat	36.98%
Feb 16	A	Weak or Absent	Up	Up	Flat	36.95%
Feb 15	B	Weak or Absent	Up	Up	Up	35.82%
Feb 14	A	Weak or Absent	Up	Up	Up	35.62%
Feb 13	A	Weak or Absent	Up	Up	Up	36.27%
Feb 10	A	Weak or Absent	Flat	Up	Flat	37.58%
Feb 9	C	Weak or Absent	Flat	Up	Flat	38.13%
Feb 8	B	Weak or Absent	Flat	Up	Flat	37.73%
Feb 7	B	Weak or Absent	N/A	Up	Flat	37.09%
Feb 6	C	Weak or Absent	N/A	Up	Down	38.74%