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
Dec 19	F	Weak or Absent	Down	Down	Down	37.07%
Dec 16	D	Weak or Absent	Down	Down	Flat	35.36%
Dec 15	C	Weak or Absent	Down	Flat	Up	33.79%
Dec 14	D	Weak or Absent	Down	Flat	Flat	34.72%
Dec 13	D	Weak or Absent	Down	Down	Down	35.55%
Dec 12	D	Weak or Absent	Down	Down	Down	38.22%
Dec 9	D	Weak or Absent	Down	Down	Down	38.42%
Dec 8	D	Weak or Absent	Down	Down	Down	35.36%
Dec 7	D	Weak or Absent	Down	Flat	Down	34.16%
Dec 6	D	Weak or Absent	Down	Flat	Down	34.16%