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
Aug 1	A	Strong	Up	Up	Up	6.22%
Jul 31	A	Strong	Up	Up	Up	7.39%
Jul 30	A	Strong	Up	Up	Up	6.96%
Jul 29	A	Strong	Up	Up	Up	7.90%
Jul 26	A	Strong	Up	Up	Up	8.46%
Jul 25	B	Strong	Up	Up	Down	10.37%
Jul 24	B	Strong	Up	Up	Flat	10.00%
Jul 23	A	Strong	Up	Up	Up	8.34%
Jul 22	A	Strong	Up	Up	Up	8.30%
Jul 19	A	Strong	Up	Up	Up	9.39%