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
Sep 12	B	Weak or Absent	Up	Up	Up	8.14%
Sep 11	B	Weak or Absent	Up	Up	Flat	8.92%
Sep 10	C	Weak or Absent	Up	Flat	Down	10.16%
Sep 9	C	Weak or Absent	Up	Flat	Down	10.27%
Sep 6	C	Weak or Absent	Up	Down	Down	11.29%
Sep 5	B	Weak or Absent	Up	Flat	Down	9.34%
Sep 4	B	Weak or Absent	Up	Flat	Down	9.71%
Aug 30	A	Weak or Absent	Up	Up	Up	6.35%
Aug 29	A	Weak or Absent	Up	Up	Flat	6.75%
Aug 28	A	Weak or Absent	Up	Up	Flat	7.28%