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
May 30	C	Weak or Absent	Up	Down	Down	18.09%
May 29	D	Weak or Absent	Flat	Down	Down	19.84%
May 28	C	Weak or Absent	Up	Down	Down	18.67%
May 24	C	Weak or Absent	Up	Down	Down	17.95%
May 23	C	Weak or Absent	Up	Down	Down	17.90%
May 22	C	Weak or Absent	Up	Up	Flat	15.42%
May 21	B	Weak or Absent	Up	Up	Up	14.47%
May 20	B	Weak or Absent	Up	Up	Up	14.38%
May 17	B	Weak or Absent	Up	Up	Up	13.66%
May 16	C	Weak or Absent	Up	Up	Up	13.66%