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
Mar 20	A	Strong	Up	Up	Up	17.31%
Mar 19	A	Strong	Up	Up	Flat	18.24%
Mar 18	A	Strong	Up	Up	Flat	19.01%
Mar 15	A	Strong	Up	Up	Flat	18.98%
Mar 14	A	Strong	Up	Up	Up	18.53%
Mar 13	A	Strong	Up	Up	Up	18.35%
Mar 12	A	Strong	Up	Up	Up	18.33%
Mar 11	A	Strong	Up	Up	Up	19.41%
Mar 8	A	Strong	Up	Up	Up	19.15%
Mar 7	A	Strong	Up	Up	Up	18.16%