Trend Table for FREL - Fidelity MSCI Real Estate Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 4	B	Weak or Absent	Up	Up	Up	17.37%
Jun 3	B	Weak or Absent	Up	Up	Up	18.36%
May 31	B	Weak or Absent	Up	Up	Up	18.17%
May 30	C	Weak or Absent	Up	Down	Down	20.28%
May 29	D	Weak or Absent	Flat	Down	Down	22.06%
May 28	C	Weak or Absent	Up	Down	Down	20.87%
May 24	C	Weak or Absent	Up	Down	Down	20.13%
May 23	C	Weak or Absent	Up	Down	Down	20.09%
May 22	C	Weak or Absent	Up	Up	Flat	17.56%
May 21	B	Weak or Absent	Up	Up	Up	16.59%