Trend Table for PFD - Flaherty & Crumrine Preferred Income Fund Incorporated

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	A	Strong	Up	Up	Up	5.87%
Jul 17	A	Strong	Up	Up	Up	6.38%
Jul 16	B	Strong	Up	Up	Up	5.93%
Jul 15	B	Strong	Up	Up	Up	6.28%
Jul 12	A	Strong	Up	Up	Up	5.74%
Jul 11	A	Strong	Up	Up	Up	6.67%
Jul 10	A	Weak or Absent	Up	Up	Up	8.39%
Jul 9	A	Weak or Absent	Up	Up	Flat	9.54%
Jul 8	A	Weak or Absent	Up	Up	Up	8.92%
Jul 5	A	Weak or Absent	Up	Up	Flat	9.43%