Trend Table for RAYJ - Rayliant SMDAM Japan Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 3	C	Weak or Absent	N/A	N/A	Up	9.20%
May 2	B	Weak or Absent	N/A	N/A	Up	10.94%
May 1	F	Weak or Absent	N/A	N/A	Down	12.78%
Apr 30	F	Weak or Absent	N/A	N/A	Flat	12.38%
Apr 29	C	Weak or Absent	N/A	N/A	Flat	11.70%
Apr 26	F	Weak or Absent	N/A	N/A	Down	12.83%
Apr 25	F	Weak or Absent	N/A	N/A	Down	13.16%
Apr 24	F	Weak or Absent	N/A	N/A	Down	11.07%
Apr 23	F	Weak or Absent	N/A	N/A	Down	11.85%
Apr 22	D	Weak or Absent	N/A	N/A	Down	11.55%