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
Feb 2	A	Strong	Up	Up	Up	24.93%
Jan 31	A	Strong	Up	Up	Flat	27.42%
Jan 30	A	Strong	Up	Up	Up	26.14%
Jan 29	A	Strong	Up	Up	Up	26.14%
Jan 26	A	Strong	Up	Up	Up	26.92%
Jan 25	A	Strong	Up	Up	Up	27.06%
Jan 24	A	Strong	Up	Up	Up	27.37%
Jan 23	A	Strong	Up	Up	Up	28.27%
Jan 22	A	Strong	Up	Up	Up	28.15%
Jan 19	A	Strong	Up	Up	Up	28.73%