Trend Table for PEY - PowerShares High Yield Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 10	B	Very Strong	Up	Up	Down	13.19%
Jan 9	B	Very Strong	Up	Up	Down	12.98%
Jan 8	A	Very Strong	Up	Up	Flat	11.81%
Jan 5	A	Very Strong	Up	Up	Flat	12.60%
Jan 4	B	Strong	Up	Up	Down	13.30%
Jan 3	B	Strong	Up	Up	Down	13.08%
Jan 2	A	Strong	Up	Up	Up	10.97%
Dec 29	A	Strong	Up	Up	Flat	12.28%
Dec 28	A	Strong	Up	Up	Up	11.54%
Dec 27	B	Strong	Up	Up	Up	11.81%