Trend Table for RAYE - The Advisors' Inner Circle Fund III Rayliant Quantamental Emerging Market Equity ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	D	Strong	Flat	Down	Down	0.00%
Nov 19	D	Strong	Flat	Down	Down	-0.42%
Nov 18	D	Strong	Down	Down	Down	0.20%
Nov 15	D	Strong	Down	Down	Down	0.20%
Nov 14	D	Strong	Down	Down	Down	0.26%
Nov 13	D	Weak or Absent	Flat	Down	Down	0.22%
Nov 12	D	Weak or Absent	Flat	Down	Down	-0.24%
Nov 11	D	Weak or Absent	Up	Down	Down	-1.73%
Nov 8	D	Weak or Absent	Up	Down	Flat	-2.95%
Nov 7	D	Weak or Absent	Up	Flat	Up	-3.99%