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
Jan 18	A	Strong	Up	Up	Up	29.80%
Jan 17	A	Strong	Up	Up	Up	30.95%
Jan 16	A	Strong	Up	Up	Up	30.17%
Jan 12	A	Strong	Up	Up	Up	29.65%
Jan 11	A	Strong	Up	Up	Up	30.58%
Jan 10	A	Strong	Up	Up	Up	30.37%
Jan 8	A	Strong	Up	Up	Flat	31.69%
Jan 5	B	Strong	Up	Up	Down	33.58%
Jan 4	B	Strong	Up	Up	Down	33.68%
Jan 3	B	Strong	Up	Up	Down	33.69%