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 14	F	Weak or Absent	Down	Down	Down	27.90%
Sep 13	F	Weak or Absent	Down	Down	Down	28.18%
Sep 12	F	Weak or Absent	Down	Down	Down	27.50%
Sep 11	F	Weak or Absent	Down	Down	Down	27.36%
Sep 8	F	Weak or Absent	Down	Down	Down	26.56%
Sep 7	F	Weak or Absent	Down	Down	Down	26.04%
Sep 6	F	Weak or Absent	Down	Down	Down	26.30%
Sep 5	F	Weak or Absent	Down	Down	Flat	25.38%
Sep 1	F	Weak or Absent	Down	Down	Flat	24.61%
Aug 31	F	Weak or Absent	Down	Down	Up	23.97%