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

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 13	B	Strong	Up	Up	Up	17.55%
May 10	C	Strong	Up	Up	Up	17.89%
May 9	C	Strong	Up	Up	Up	17.55%
May 8	C	Strong	Up	Up	Up	17.66%
May 7	C	Strong	Up	Up	Up	17.09%
May 6	C	Strong	Up	Up	Up	17.43%
May 3	B	Strong	Up	Flat	Up	18.70%
May 2	C	Strong	Up	Down	Up	20.11%
May 1	B	Strong	Up	Down	Up	19.99%
Apr 30	B	Strong	Up	Down	Flat	21.43%