Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 8	A	Strong	Up	Up	Flat	25.25%
Dec 7	A	Strong	Up	Up	Flat	25.48%
Dec 6	A	Strong	Up	Up	Flat	25.84%
Dec 5	A	Strong	Up	Up	Up	25.53%
Dec 4	A	Strong	Up	Up	Up	25.00%
Nov 30	A	Strong	Up	Up	Up	25.90%
Nov 29	A	Strong	Up	Up	Flat	27.00%
Nov 28	A	Strong	Up	Up	Flat	26.92%
Nov 27	A	Strong	Up	Up	Up	26.87%
Nov 24	A	Strong	Up	Up	Up	26.53%