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
Jan 26	C	Weak or Absent	Up	Up	Down	18.33%
Jan 25	C	Strong	Up	Up	Flat	17.96%
Jan 24	C	Strong	Up	Flat	Down	19.45%
Jan 23	C	Strong	Up	Up	Down	17.73%
Jan 22	C	Strong	Up	Up	Flat	17.01%
Jan 19	C	Strong	Up	Up	Down	17.73%
Jan 18	C	Strong	Up	Up	Down	19.17%
Jan 17	B	Strong	Up	Up	Down	18.38%
Jan 16	B	Strong	Up	Up	Down	16.24%
Jan 12	C	Strong	Up	Up	Flat	15.40%