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
May 6	D	Weak or Absent	Up	Down	Up	20.67%
May 3	C	Weak or Absent	Up	Down	Up	20.87%
May 2	C	Weak or Absent	Flat	Down	Up	21.61%
May 1	D	Weak or Absent	Down	Down	Flat	23.33%
Apr 30	D	Weak or Absent	Down	Down	Flat	23.44%
Apr 29	C	Weak or Absent	Flat	Down	Up	21.36%
Apr 26	D	Weak or Absent	Down	Down	Up	22.62%
Apr 25	D	Weak or Absent	Down	Down	Flat	22.67%
Apr 24	D	Weak or Absent	Flat	Down	Up	21.96%
Apr 23	D	Weak or Absent	Flat	Down	Flat	22.16%