Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 2	A	Strong	Up	Up	Flat	17.65%
Dec 29	A	Strong	Up	Up	Up	17.59%
Dec 28	A	Strong	Up	Up	Up	17.51%
Dec 27	A	Strong	Up	Up	Up	17.59%
Dec 26	B	Strong	Up	Up	Up	17.86%
Dec 22	A	Strong	Up	Up	Up	18.31%
Dec 21	A	Strong	Up	Up	Up	18.54%
Dec 20	A	Very Strong	Up	Up	Flat	19.63%
Dec 19	A	Very Strong	Up	Up	Up	17.77%
Dec 18	A	Strong	Up	Up	Up	18.39%