Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 6	A	Strong	Up	Up	Down	28.23%
Dec 5	B	Strong	Up	Up	Flat	26.90%
Dec 2	A	Strong	Up	Up	Up	24.73%
Dec 1	A	Strong	Up	Up	Up	24.69%
Nov 30	A	Strong	Up	Up	Up	24.89%
Nov 29	A	Strong	Up	Up	Flat	27.65%
Nov 28	A	Strong	Up	Up	Flat	27.54%
Nov 25	A	Strong	Up	Up	Up	25.93%
Nov 23	A	Strong	Up	Up	Up	26.36%
Nov 22	A	Strong	Up	Up	Up	26.62%