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 3	C	Weak or Absent	N/A	Up	Flat	38.19%
Feb 2	B	Weak or Absent	N/A	Up	Flat	37.31%
Feb 1	B	Weak or Absent	N/A	Up	Up	36.18%
Jan 31	B	Weak or Absent	N/A	Up	Up	37.52%
Jan 30	B	Weak or Absent	N/A	Up	Flat	38.69%
Jan 27	B	Weak or Absent	N/A	Up	Flat	37.34%
Jan 26	B	Weak or Absent	N/A	Up	Up	36.68%
Jan 25	B	Weak or Absent	N/A	Up	Up	37.76%
Jan 24	B	Weak or Absent	N/A	Up	Up	38.03%
Jan 23	B	Weak or Absent	N/A	Up	Up	38.16%