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
Jan 3	B	Strong	Up	Up	Flat	24.72%
Jan 2	B	Strong	Up	Up	Flat	25.10%
Dec 29	D	Strong	Up	Up	Flat	25.60%
Dec 28	C	Strong	Up	Up	Flat	25.10%
Dec 27	D	Strong	Up	Up	Flat	25.35%
Dec 26	C	Strong	Up	Up	Flat	25.48%
Dec 22	C	Strong	Up	Up	Flat	25.60%
Dec 21	C	Strong	Up	Up	Flat	25.60%
Dec 20	C	Strong	Up	Up	Up	24.97%
Dec 19	C	Weak or Absent	Up	Up	Up	24.78%