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 8	F	Weak or Absent	Down	Down	Down	33.11%
Sep 7	F	Weak or Absent	Down	Down	Down	32.56%
Sep 6	F	Weak or Absent	Down	Down	Down	32.83%
Sep 5	F	Weak or Absent	Down	Down	Flat	31.87%
Sep 1	F	Weak or Absent	Down	Down	Flat	31.05%
Aug 31	F	Weak or Absent	Down	Down	Up	30.38%
Aug 30	F	Weak or Absent	Down	Down	Flat	31.05%
Aug 29	F	Weak or Absent	Down	Down	Flat	30.78%
Aug 28	F	Weak or Absent	Down	Down	Down	31.73%
Aug 25	F	Weak or Absent	Down	Down	Down	31.33%