Trend Table for HPS - John Hancock Preferred Income Fund III Preferred Income Fund III

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	A	Weak or Absent	Up	Up	Up	11.95%
May 9	A	Weak or Absent	Up	Up	Up	12.17%
May 8	A	Weak or Absent	Up	Up	Up	11.88%
May 7	A	Weak or Absent	Up	Up	Up	11.44%
May 6	A	Weak or Absent	Up	Up	Up	10.80%
May 3	A	Weak or Absent	Up	Up	Up	11.95%
May 2	A	Weak or Absent	Up	Up	Up	13.27%
May 1	A	Weak or Absent	Up	Up	Up	14.09%
Apr 30	B	Weak or Absent	Up	Flat	Up	15.15%
Apr 29	B	Weak or Absent	Up	Up	Up	14.69%