Trend Table for HPI - John Hancock Preferred Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 14	B	Weak or Absent	Up	Up	Up	10.18%
May 13	A	Weak or Absent	Up	Up	Up	9.66%
May 10	A	Weak or Absent	Up	Up	Up	9.92%
May 9	A	Weak or Absent	Up	Up	Up	10.21%
May 8	A	Weak or Absent	Up	Up	Up	10.60%
May 7	A	Weak or Absent	Up	Up	Up	9.75%
May 6	A	Weak or Absent	Up	Up	Up	9.88%
May 3	A	Weak or Absent	Up	Up	Up	11.20%
May 2	B	Weak or Absent	Up	Up	Up	13.52%
May 1	B	Weak or Absent	Up	Up	Up	13.18%