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
Sep 1	D	Weak or Absent	Down	Down	Up	25.06%
Aug 31	D	Weak or Absent	Down	Down	Up	25.16%
Aug 30	C	Weak or Absent	Flat	Down	Up	24.31%
Aug 29	D	Weak or Absent	Flat	Down	Up	24.76%
Aug 28	D	Weak or Absent	Down	Down	Up	26.18%
Aug 25	C	Weak or Absent	Down	Down	Flat	27.43%
Aug 24	D	Strong	Down	Down	Flat	27.58%
Aug 23	D	Strong	Down	Down	Flat	27.06%
Aug 22	D	Strong	Down	Down	Down	29.07%
Aug 21	D	Weak or Absent	Down	Down	Down	29.45%