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 21	D	Strong	Flat	Down	Flat	0.00%
Nov 20	D	Strong	Flat	Down	Down	0.38%
Nov 19	D	Strong	Flat	Down	Down	-0.04%
Nov 18	D	Strong	Down	Down	Down	0.58%
Nov 15	D	Strong	Down	Down	Down	0.58%
Nov 14	D	Strong	Down	Down	Down	0.64%
Nov 13	D	Weak or Absent	Flat	Down	Down	0.60%
Nov 12	D	Weak or Absent	Flat	Down	Down	0.14%
Nov 11	D	Weak or Absent	Up	Down	Down	-1.36%
Nov 8	D	Weak or Absent	Up	Down	Flat	-2.58%