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
Nov 27	B	Strong	Flat	Up	Up	26.93%
Nov 24	C	Strong	Flat	Up	Up	27.46%
Nov 22	C	Strong	Down	Up	Up	27.94%
Nov 21	C	Strong	Down	Up	Up	28.48%
Nov 20	C	Strong	Down	Up	Up	27.68%
Nov 17	C	Strong	Down	Up	Up	28.48%
Nov 16	C	Weak or Absent	Down	Up	Up	28.43%
Nov 15	C	Weak or Absent	Down	Up	Up	28.21%
Nov 14	D	Weak or Absent	Down	Up	Up	28.48%
Nov 13	D	Weak or Absent	Down	Down	Down	35.66%