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
Jun 27	A	Strong	Up	Up	Up	-1.51%
Jun 26	A	Strong	Up	Up	Flat	-0.53%
Jun 25	A	Weak or Absent	Up	Up	Up	-0.63%
Jun 24	A	Weak or Absent	Up	Up	Up	-0.36%
Jun 21	A	Weak or Absent	Up	Up	Up	-0.87%
Jun 20	A	Weak or Absent	Up	Up	Up	-0.61%
Jun 18	A	Weak or Absent	Up	Up	Up	-0.67%
Jun 17	A	Weak or Absent	Up	Up	Up	-0.18%
Jun 14	A	Weak or Absent	Up	Up	Up	0.94%
Jun 13	A	Weak or Absent	Up	Up	Up	1.35%