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
Jul 26	C	Strong	Up	Up	Down	-1.39%
Jul 25	C	Strong	Up	Flat	Down	-0.57%
Jul 24	B	Strong	Up	Up	Down	-0.85%
Jul 23	C	Strong	Up	Up	Down	-1.91%
Jul 22	C	Strong	Up	Up	Down	-1.78%
Jul 19	C	Strong	Up	Up	Down	-1.80%
Jul 18	C	Strong	Up	Up	Down	-2.79%
Jul 17	B	Strong	Up	Up	Down	-3.99%
Jul 16	B	Strong	Up	Up	Up	-5.19%
Jul 15	B	Strong	Up	Up	Up	-4.87%