Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	A	Strong	Up	Up	Flat	16.31%
Jan 30	A	Strong	Up	Up	Up	15.03%
Jan 29	A	Strong	Up	Up	Up	15.37%
Jan 26	A	Strong	Up	Up	Up	15.91%
Jan 25	A	Strong	Up	Up	Up	15.82%
Jan 24	A	Strong	Up	Up	Up	16.57%
Jan 23	A	Strong	Up	Up	Up	16.14%
Jan 22	A	Strong	Up	Up	Up	16.48%
Jan 19	A	Strong	Up	Up	Up	16.83%
Jan 18	A	Strong	Up	Up	Flat	17.80%