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
Dec 13	A	Strong	Up	Up	Up	33.08%
Dec 12	A	Weak or Absent	Up	Up	Up	34.76%
Dec 11	A	Weak or Absent	Up	Up	Up	35.37%
Dec 8	A	Weak or Absent	Up	Up	Up	36.09%
Dec 7	A	Weak or Absent	Up	Up	Flat	37.10%
Dec 6	A	Weak or Absent	Up	Up	Flat	37.53%
Dec 5	A	Weak or Absent	Up	Up	Flat	37.39%
Dec 4	A	Weak or Absent	Up	Up	Flat	37.67%
Nov 30	A	Weak or Absent	Up	Up	Flat	37.67%
Nov 29	A	Weak or Absent	Up	Up	Flat	37.67%