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 18	F	Weak or Absent	Down	Down	Up	41.19%
May 17	F	Weak or Absent	Down	Down	Flat	42.37%
May 16	F	Weak or Absent	Down	Down	Down	45.40%
May 15	F	Weak or Absent	Down	Down	Down	44.89%
May 12	F	Weak or Absent	Down	Down	Down	44.27%
May 11	F	Weak or Absent	Down	Down	Down	43.16%
May 10	F	Weak or Absent	Down	Down	Down	40.90%
May 9	F	Weak or Absent	Down	Down	Down	40.64%
May 8	F	Weak or Absent	Down	Down	Down	40.07%
May 5	F	Weak or Absent	Down	Down	Down	37.65%