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
Aug 4	B	Weak or Absent	Up	Up	Down	39.05%
Aug 3	B	Weak or Absent	Up	Up	Down	38.76%
Aug 2	A	Weak or Absent	Up	Up	Down	38.24%
Aug 1	A	Weak or Absent	Up	Up	Flat	36.84%
Jul 31	B	Weak or Absent	Up	Up	Flat	36.96%
Jul 28	A	Weak or Absent	Up	Up	Flat	37.15%
Jul 27	A	Weak or Absent	Up	Up	Down	37.73%
Jul 26	A	Weak or Absent	Up	Up	Flat	36.67%
Jul 25	A	Weak or Absent	Up	Up	Up	36.09%
Jul 24	A	Weak or Absent	Up	Up	Up	37.10%