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
Aug 8	B	Weak or Absent	Up	Up	Flat	3.75%
Aug 7	A	Weak or Absent	Up	Up	Down	4.08%
Aug 6	B	Weak or Absent	Up	Flat	Down	4.94%
Aug 5	B	Weak or Absent	Up	Down	Down	6.36%
Aug 2	A	Weak or Absent	Up	Up	Flat	2.84%
Aug 1	A	Weak or Absent	Up	Up	Up	1.95%
Jul 31	A	Weak or Absent	Up	Up	Up	1.63%
Jul 30	A	Weak or Absent	Up	Up	Up	2.14%
Jul 29	B	Weak or Absent	Up	Up	Flat	3.16%
Jul 26	C	Weak or Absent	Up	Up	Down	3.81%