Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 1	A	Strong	Up	Up	Up	21.46%
Nov 30	A	Strong	Up	Up	Up	22.32%
Nov 29	A	Strong	Up	Up	Flat	23.38%
Nov 28	A	Strong	Up	Up	Flat	23.31%
Nov 27	A	Strong	Up	Up	Up	23.25%
Nov 24	A	Strong	Up	Up	Up	22.92%
Nov 22	A	Strong	Up	Up	Up	23.27%
Nov 21	A	Strong	Up	Up	Up	23.69%
Nov 20	A	Strong	Up	Up	Up	23.73%
Nov 17	A	Weak or Absent	Up	Up	Up	24.23%