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 24	B	Weak or Absent	Up	Up	Down	12.39%
May 23	B	Weak or Absent	Up	Up	Down	13.05%
May 22	A	Weak or Absent	Up	Up	Flat	11.44%
May 21	B	Weak or Absent	Up	Up	Flat	11.22%
May 20	B	Weak or Absent	Up	Up	Flat	11.30%
May 17	B	Weak or Absent	Up	Up	Flat	11.66%
May 16	B	Weak or Absent	Up	Up	Flat	11.15%
May 15	B	Weak or Absent	Up	Up	Flat	11.37%
May 14	B	Weak or Absent	Up	Up	Flat	11.73%
May 13	A	Weak or Absent	Up	Up	Up	11.73%