Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 9	B	Strong	Up	Up	Down	23.05%
Aug 8	B	Strong	Up	Up	Down	22.76%
Aug 7	A	Strong	Up	Up	Down	22.06%
Aug 4	B	Strong	Up	Up	Down	23.17%
Aug 3	A	Strong	Up	Up	Down	22.28%
Aug 2	A	Strong	Up	Up	Down	21.71%
Aug 1	A	Strong	Up	Up	Flat	20.84%
Jul 31	A	Strong	Up	Up	Flat	20.78%
Jul 28	A	Strong	Up	Up	Flat	20.87%
Jul 27	A	Strong	Up	Up	Flat	21.37%