Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 24	B	Strong	Up	Up	Down	10.10%
May 23	A	Strong	Up	Up	Down	10.33%
May 22	A	Strong	Up	Up	Flat	8.99%
May 21	A	Strong	Up	Up	Up	8.67%
May 20	B	Strong	Up	Up	Up	8.94%
May 17	A	Strong	Up	Up	Up	8.58%
May 16	A	Weak or Absent	Up	Up	Up	8.73%
May 15	A	Weak or Absent	Up	Up	Up	8.89%
May 14	A	Weak or Absent	Up	Up	Up	9.91%
May 13	A	Weak or Absent	Up	Up	Up	10.38%