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
Apr 8	B	Weak or Absent	Up	Flat	Flat	17.41%
Apr 5	C	Weak or Absent	Up	Down	Down	18.62%
Apr 4	C	Weak or Absent	Up	Down	Down	19.32%
Apr 3	D	Weak or Absent	Up	Down	Down	18.62%
Apr 2	D	Weak or Absent	Up	Down	Down	18.62%
Apr 1	B	Weak or Absent	Up	Up	Flat	17.14%
Mar 28	B	Weak or Absent	Up	Up	Up	15.12%
Mar 27	B	Weak or Absent	Up	Up	Up	15.96%
Mar 26	D	Weak or Absent	Up	Down	Down	18.90%
Mar 25	D	Weak or Absent	Up	Flat	Down	18.43%