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
Dec 14	C	Weak or Absent	Down	Up	Down	30.25%
Dec 13	D	Weak or Absent	Down	Down	Down	32.15%
Dec 12	D	Weak or Absent	Down	Down	Down	34.45%
Dec 9	D	Weak or Absent	Down	Down	Down	34.02%
Dec 8	D	Weak or Absent	Down	Flat	Down	30.91%
Dec 7	C	Weak or Absent	Down	Up	Down	29.85%
Dec 6	C	Weak or Absent	Down	Up	Flat	27.39%
Dec 5	B	Weak or Absent	Down	Up	Up	26.59%
Dec 2	C	Weak or Absent	Down	Up	Up	24.20%
Dec 1	C	Weak or Absent	Down	Up	Up	26.53%