Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	A	Strong	Up	Up	Up	11.77%
May 16	A	Weak or Absent	Up	Up	Up	11.92%
May 15	A	Weak or Absent	Up	Up	Up	12.08%
May 14	A	Weak or Absent	Up	Up	Up	13.14%
May 13	A	Weak or Absent	Up	Up	Up	13.61%
May 10	B	Weak or Absent	Up	Up	Up	13.47%
May 9	B	Weak or Absent	Up	Up	Up	13.93%
May 8	B	Weak or Absent	Up	Up	Up	14.74%
May 7	C	Weak or Absent	Up	Up	Up	14.94%
May 6	C	Weak or Absent	Up	Flat	Up	15.46%