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 11	C	Strong	Up	Up	Down	16.11%
Jan 10	C	Strong	Up	Up	Down	15.05%
Jan 9	C	Strong	Up	Up	Down	15.18%
Jan 8	C	Strong	Up	Up	Flat	14.40%
Jan 5	B	Strong	Up	Up	Down	16.11%
Jan 4	B	Strong	Up	Up	Down	15.71%
Jan 3	B	Strong	Up	Up	Down	15.58%
Jan 2	A	Very Strong	Up	Up	Up	12.79%
Dec 29	B	Very Strong	Up	Up	Up	13.80%
Dec 28	B	Very Strong	Up	Up	Up	12.49%