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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	C	Strong	Up	Up	Flat	19.51%
Dec 22	C	Strong	Up	Up	Flat	19.63%
Dec 21	C	Strong	Up	Up	Flat	19.63%
Dec 20	C	Strong	Up	Up	Up	19.03%
Dec 19	C	Weak or Absent	Up	Up	Up	18.85%
Dec 18	C	Weak or Absent	Up	Up	Up	18.97%
Dec 15	C	Weak or Absent	Up	Up	Up	19.21%
Dec 14	C	Weak or Absent	Up	Up	Up	18.37%
Dec 13	C	Weak or Absent	Up	Up	Up	19.81%
Dec 12	C	Strong	Up	Up	Down	22.27%