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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 28	F	Strong	Down	Down	Down	31.61%
Sep 27	F	Strong	Down	Down	Down	32.04%
Sep 26	F	Strong	Down	Down	Down	31.75%
Sep 25	F	Strong	Down	Down	Down	30.19%
Sep 22	F	Strong	Down	Down	Down	29.35%
Sep 21	F	Strong	Down	Down	Down	29.62%
Sep 20	F	Strong	Down	Down	Flat	27.77%
Sep 19	F	Strong	Down	Down	Flat	27.79%
Sep 18	F	Weak or Absent	Down	Down	Down	28.18%
Sep 15	F	Weak or Absent	Down	Down	Down	28.18%