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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 16	C	Weak or Absent	Down	Flat	Down	24.05%
Aug 15	C	Strong	Down	Up	Down	22.74%
Aug 14	C	Strong	Down	Up	Flat	21.82%
Aug 11	C	Weak or Absent	Down	Up	Flat	21.34%
Aug 10	C	Weak or Absent	Down	Up	Flat	21.82%
Aug 9	C	Weak or Absent	Down	Up	Flat	21.66%
Aug 8	C	Weak or Absent	Down	Up	Up	20.92%
Aug 7	C	Weak or Absent	Down	Up	Up	20.75%
Aug 4	D	Weak or Absent	Down	Up	Flat	21.95%
Aug 3	D	Weak or Absent	Down	Up	Flat	22.31%