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
Aug 14	A	Weak or Absent	Up	Up	Up	3.64%
Aug 13	A	Weak or Absent	Up	Up	Up	3.10%
Aug 12	A	Weak or Absent	Up	Up	Flat	4.80%
Aug 9	B	Weak or Absent	Up	Flat	Down	6.66%
Aug 8	B	Strong	Up	Flat	Down	6.21%
Aug 7	A	Strong	Up	Flat	Down	5.90%
Aug 6	A	Strong	Up	Flat	Down	6.09%
Aug 5	B	Strong	Up	Down	Down	7.10%
Aug 2	B	Strong	Up	Up	Flat	4.35%
Aug 1	A	Strong	Up	Up	Up	3.32%