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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 22	A	Strong	Up	Up	Up	9.72%
Mar 21	B	Strong	Up	Up	Up	10.15%
Mar 20	A	Strong	Up	Up	Up	10.45%
Mar 19	A	Strong	Up	Up	Up	11.14%
Mar 18	A	Strong	Up	Up	Up	11.88%
Mar 15	A	Strong	Up	Up	Up	12.20%
Mar 14	A	Strong	Up	Up	Up	12.29%
Mar 13	B	Strong	Up	Up	Up	12.42%
Mar 12	B	Strong	Up	Up	Up	13.07%
Mar 11	B	Strong	Up	Up	Up	12.96%