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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	B	Strong	Up	Up	Up	14.51%
Feb 22	B	Strong	Up	Up	Up	15.42%
Feb 21	B	Strong	Up	Up	Flat	15.53%
Feb 20	C	Strong	Up	Up	Flat	16.17%
Feb 16	C	Strong	Up	Up	Flat	16.40%
Feb 15	C	Strong	Up	Up	Flat	15.71%
Feb 14	C	Strong	Up	Flat	Down	16.74%
Feb 13	C	Strong	Up	Flat	Down	17.33%
Feb 12	C	Strong	Up	Up	Down	15.60%
Feb 9	C	Strong	Up	Up	Down	15.83%