Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 22	A	Strong	Up	Up	Up	16.38%
Feb 21	A	Strong	Up	Up	Flat	17.68%
Feb 20	A	Strong	Up	Up	Flat	18.17%
Feb 16	A	Strong	Up	Up	Flat	18.08%
Feb 15	A	Strong	Up	Up	Up	17.68%
Feb 14	B	Strong	Up	Up	Flat	18.75%
Feb 13	A	Strong	Up	Up	Down	19.40%
Feb 12	A	Strong	Up	Up	Up	17.80%
Feb 9	A	Strong	Up	Up	Flat	18.11%
Feb 8	A	Strong	Up	Up	Flat	18.29%