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
Sep 22	C	Weak or Absent	Down	Down	Down	34.64%
Sep 21	C	Weak or Absent	Down	Down	Down	35.24%
Sep 20	D	Weak or Absent	Down	Down	Down	34.44%
Sep 19	D	Weak or Absent	Down	Down	Down	35.14%
Sep 18	D	Weak or Absent	Down	Down	Down	34.64%
Sep 15	B	Weak or Absent	Flat	Flat	Down	33.37%
Sep 14	B	Weak or Absent	Up	Flat	Flat	32.59%
Sep 13	C	Weak or Absent	Flat	Down	Down	33.76%
Sep 12	B	Weak or Absent	Flat	Flat	Flat	32.79%
Sep 11	B	Weak or Absent	Flat	Flat	Down	33.08%