Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	A	Strong	Up	Up	Flat	25.54%
Jul 31	A	Strong	Up	Up	Flat	25.48%
Jul 28	A	Strong	Up	Up	Flat	25.57%
Jul 27	A	Strong	Up	Up	Flat	26.09%
Jul 26	A	Strong	Up	Up	Up	25.06%
Jul 25	A	Strong	Up	Up	Up	25.09%
Jul 24	A	Strong	Up	Up	Up	25.19%
Jul 21	A	Strong	Up	Up	Up	25.67%
Jul 20	A	Strong	Up	Up	Up	26.16%
Jul 19	A	Strong	Up	Up	Up	26.58%