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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	C	Strong	Up	Up	Up	11.85%
May 3	B	Strong	Up	Flat	Up	13.05%
May 2	C	Strong	Up	Down	Up	14.39%
May 1	B	Strong	Up	Down	Up	14.28%
Apr 30	B	Strong	Up	Down	Flat	15.65%
Apr 29	C	Strong	Up	Down	Up	15.53%
Apr 26	C	Strong	Up	Down	Flat	16.12%
Apr 25	C	Strong	Up	Down	Flat	16.58%
Apr 24	C	Strong	Up	Down	Up	15.07%
Apr 23	C	Strong	Up	Down	Up	15.42%