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 30	F	Weak or Absent	Down	Down	Up	39.96%
May 26	F	Weak or Absent	Down	Down	Up	39.96%
May 25	F	Weak or Absent	Down	Down	Flat	42.28%
May 24	F	Weak or Absent	Down	Down	Up	41.53%
May 23	F	Weak or Absent	Down	Down	Up	40.58%
May 22	F	Weak or Absent	Down	Down	Up	40.17%
May 19	F	Weak or Absent	Down	Down	Up	41.00%
May 18	F	Weak or Absent	Down	Down	Flat	40.90%
May 17	F	Weak or Absent	Down	Down	Flat	41.42%
May 16	F	Weak or Absent	Down	Down	Down	45.56%