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 22	F	Strong	Down	Down	Down	35.81%
Sep 21	F	Strong	Down	Down	Down	36.10%
Sep 20	F	Strong	Down	Down	Flat	34.15%
Sep 19	F	Strong	Down	Down	Flat	34.17%
Sep 18	F	Weak or Absent	Down	Down	Down	34.58%
Sep 15	F	Weak or Absent	Down	Down	Down	34.58%
Sep 14	F	Weak or Absent	Down	Down	Down	34.29%
Sep 13	F	Weak or Absent	Down	Down	Down	34.58%
Sep 12	F	Weak or Absent	Down	Down	Down	33.87%
Sep 11	F	Weak or Absent	Down	Down	Down	33.72%