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
Jul 22	C	Weak or Absent	Up	Up	Flat	3.07%
Jul 19	C	Strong	Up	Flat	Down	4.42%
Jul 18	C	Strong	Up	Up	Down	4.01%
Jul 17	C	Strong	Up	Up	Down	3.27%
Jul 16	B	Strong	Up	Up	Up	1.66%
Jul 15	B	Strong	Up	Up	Up	1.63%
Jul 12	B	Strong	Up	Up	Up	1.93%
Jul 11	A	Strong	Up	Up	Up	1.93%
Jul 10	A	Strong	Up	Up	Up	1.56%
Jul 9	A	Strong	Up	Up	Up	2.38%