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
Jul 27	B	Weak or Absent	Up	Up	Up	13.95%
Jul 26	B	Weak or Absent	Up	Up	Up	12.43%
Jul 25	B	Weak or Absent	Up	Up	Up	13.90%
Jul 24	B	Weak or Absent	Up	Up	Up	13.56%
Jul 21	B	Weak or Absent	Flat	Up	Up	14.55%
Jul 20	B	Weak or Absent	Up	Up	Up	14.09%
Jul 19	B	Weak or Absent	Up	Up	Up	14.15%
Jul 18	D	Weak or Absent	Down	Up	Up	16.18%
Jul 17	D	Weak or Absent	Down	Up	Flat	17.92%
Jul 14	C	Weak or Absent	Down	Up	Up	17.19%