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 13	C	Strong	Up	Down	Up	11.33%
Aug 12	C	Strong	Up	Down	Up	12.96%
Aug 9	C	Strong	Up	Down	Flat	13.35%
Aug 8	C	Strong	Up	Down	Down	14.23%
Aug 7	C	Strong	Up	Down	Down	16.06%
Aug 6	C	Strong	Up	Down	Down	15.49%
Aug 5	C	Strong	Up	Down	Down	17.29%
Aug 2	D	Strong	Up	Down	Down	13.99%
Aug 1	D	Weak or Absent	Up	Down	Down	11.57%
Jul 31	C	Weak or Absent	Up	Up	Up	9.86%