Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 17	A	Strong	Up	Up	Flat	18.63%
Jan 16	A	Strong	Up	Up	Flat	18.13%
Jan 12	A	Strong	Up	Up	Flat	17.48%
Jan 11	A	Strong	Up	Up	Flat	17.89%
Jan 10	A	Strong	Up	Up	Flat	17.68%
Jan 9	A	Strong	Up	Up	Flat	18.07%
Jan 8	A	Strong	Up	Up	Flat	17.65%
Jan 5	A	Strong	Up	Up	Flat	18.60%
Jan 4	A	Strong	Up	Up	Flat	18.72%
Jan 3	A	Strong	Up	Up	Flat	18.51%