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
Dec 27	B	Strong	Up	Up	Up	13.25%
Dec 26	B	Strong	Up	Up	Up	13.72%
Dec 22	B	Strong	Up	Up	Up	14.70%
Dec 21	B	Strong	Up	Up	Up	15.01%
Dec 20	B	Strong	Up	Up	Up	16.07%
Dec 19	B	Strong	Up	Up	Up	14.62%
Dec 18	B	Strong	Up	Up	Up	15.62%
Dec 15	B	Strong	Up	Up	Up	15.14%
Dec 14	B	Strong	Up	Up	Up	13.63%
Dec 13	B	Strong	Up	Up	Up	16.88%