Trend Table for RAYE - The Advisors' Inner Circle Fund III Rayliant Quantamental Emerging Market Equity ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 18	D	Strong	Down	Down	Down	0.76%
Nov 15	D	Strong	Down	Down	Down	0.76%
Nov 14	D	Strong	Down	Down	Down	0.82%
Nov 13	D	Weak or Absent	Flat	Down	Down	0.78%
Nov 12	D	Weak or Absent	Flat	Down	Down	0.32%
Nov 11	D	Weak or Absent	Up	Down	Down	-1.18%
Nov 8	D	Weak or Absent	Up	Down	Flat	-2.41%
Nov 7	D	Weak or Absent	Up	Flat	Up	-3.45%
Nov 6	D	Weak or Absent	Up	Down	Flat	-2.33%
Nov 5	C	Weak or Absent	Up	Down	Flat	-3.16%