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
Sep 26	C	Weak or Absent	Down	Down	Down	35.58%
Sep 25	C	Weak or Absent	Down	Down	Down	34.37%
Sep 22	C	Weak or Absent	Down	Down	Down	33.46%
Sep 21	D	Weak or Absent	Down	Down	Down	33.73%
Sep 20	D	Weak or Absent	Down	Down	Flat	31.84%
Sep 19	D	Weak or Absent	Down	Down	Flat	31.84%
Sep 18	D	Weak or Absent	Down	Down	Down	32.11%
Sep 15	D	Weak or Absent	Down	Down	Flat	31.66%
Sep 14	C	Weak or Absent	Flat	Flat	Flat	30.35%
Sep 13	C	Weak or Absent	Down	Down	Flat	30.79%