Trend Table for RAYD - The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 1	B	Weak or Absent	Up	Down	Flat	20.35%
Apr 30	B	Weak or Absent	Up	Down	Flat	20.28%
Apr 29	B	Weak or Absent	Up	Up	Up	18.67%
Apr 26	B	Weak or Absent	Up	Flat	Up	19.42%
Apr 25	B	Weak or Absent	Up	Down	Flat	20.66%
Apr 24	B	Weak or Absent	Up	Flat	Up	19.51%
Apr 23	B	Weak or Absent	Up	Flat	Flat	19.73%
Apr 22	C	Weak or Absent	Up	Down	Down	21.18%
Apr 19	B	Weak or Absent	Up	Down	Down	23.23%
Apr 18	B	Weak or Absent	Up	Down	Down	21.51%