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
Jun 17	A	Weak or Absent	Up	Up	Up	0.22%
Jun 14	A	Weak or Absent	Up	Up	Up	1.35%
Jun 13	A	Weak or Absent	Up	Up	Up	1.75%
Jun 12	A	Weak or Absent	Up	Up	Up	1.39%
Jun 11	B	Weak or Absent	Up	Flat	Flat	3.30%
Jun 10	B	Weak or Absent	Up	Up	Flat	3.06%
Jun 7	B	Weak or Absent	Up	Flat	Flat	3.38%
Jun 6	B	Weak or Absent	Up	Up	Flat	2.92%
Jun 5	C	Weak or Absent	Up	Flat	Down	3.66%
Jun 4	C	Weak or Absent	Up	Down	Down	5.32%