Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 2	A	Strong	Up	Up	Down	26.49%
Aug 1	A	Strong	Up	Up	Flat	25.58%
Jul 31	A	Strong	Up	Up	Flat	25.51%
Jul 28	A	Strong	Up	Up	Flat	25.61%
Jul 27	A	Strong	Up	Up	Flat	26.13%
Jul 26	A	Strong	Up	Up	Up	25.10%
Jul 25	A	Strong	Up	Up	Up	25.13%
Jul 24	A	Strong	Up	Up	Up	25.23%
Jul 21	A	Strong	Up	Up	Up	25.71%
Jul 20	A	Strong	Up	Up	Up	26.19%