Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 9	A	Strong	Up	Up	Flat	21.53%
Jan 8	A	Strong	Up	Up	Flat	21.10%
Jan 5	A	Strong	Up	Up	Flat	22.08%
Jan 4	A	Strong	Up	Up	Flat	22.21%
Jan 3	A	Strong	Up	Up	Flat	21.99%
Jan 2	A	Strong	Up	Up	Flat	21.10%
Dec 29	A	Strong	Up	Up	Up	21.04%
Dec 28	A	Strong	Up	Up	Up	20.95%
Dec 27	A	Strong	Up	Up	Up	21.04%
Dec 26	B	Strong	Up	Up	Up	21.32%