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
Sep 10	C	Weak or Absent	Up	Down	Down	-1.28%
Sep 9	C	Weak or Absent	Up	Down	Down	-1.82%
Sep 6	C	Weak or Absent	Up	Down	Down	-1.08%
Sep 5	B	Weak or Absent	Up	Up	Down	-3.18%
Sep 4	B	Weak or Absent	Up	Flat	Down	-2.69%
Aug 30	C	Weak or Absent	Up	Up	Flat	-4.54%
Aug 29	B	Weak or Absent	Up	Up	Flat	-4.72%
Aug 28	A	Weak or Absent	Up	Up	Up	-5.03%
Aug 27	B	Weak or Absent	Up	Up	Up	-4.97%
Aug 26	B	Weak or Absent	Up	Up	Up	-5.12%