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
Sep 20	A	Very Strong	Up	Up	Up	-0.51%
Sep 19	B	Very Strong	Up	Up	Up	-0.09%
Sep 18	A	Very Strong	Up	Up	Up	0.76%
Sep 17	B	Very Strong	Up	Up	Flat	1.52%
Sep 16	B	Very Strong	Up	Up	Flat	1.18%
Sep 13	B	Very Strong	Up	Up	Flat	1.62%
Sep 12	A	Very Strong	Up	Up	Up	0.84%
Sep 11	A	Very Strong	Up	Up	Up	0.97%
Sep 10	A	Very Strong	Up	Up	Up	0.93%
Sep 9	A	Very Strong	Up	Up	Up	1.44%