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
Jul 21	B	Weak or Absent	Up	Up	Up	19.70%
Jul 20	B	Weak or Absent	Up	Up	Flat	20.21%
Jul 19	C	Weak or Absent	Up	Up	Up	19.93%
Jul 18	C	Weak or Absent	Up	Up	Flat	21.29%
Jul 17	C	Weak or Absent	Up	Up	Up	20.53%
Jul 14	B	Weak or Absent	Up	Up	Up	19.74%
Jul 13	C	Weak or Absent	Up	Up	Up	19.47%
Jul 12	B	Weak or Absent	Up	Up	Up	20.25%
Jul 11	B	Weak or Absent	Up	Up	Up	20.91%
Jul 10	B	Weak or Absent	Up	Up	Up	22.59%