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
Jul 31	C	Strong	Up	Up	Up	26.68%
Jul 28	B	Strong	Up	Up	Up	28.63%
Jul 27	B	Strong	Up	Up	Up	28.80%
Jul 26	B	Strong	Up	Up	Up	27.57%
Jul 25	B	Strong	Up	Up	Up	28.38%
Jul 24	B	Strong	Up	Up	Up	30.48%
Jul 21	D	Strong	Down	Up	Flat	32.29%
Jul 20	D	Strong	Down	Up	Flat	32.02%
Jul 19	D	Strong	Flat	Up	Up	31.33%
Jul 18	D	Strong	Down	Up	Down	33.43%