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
Jun 29	F	Weak or Absent	Down	Down	Flat	30.91%
Jun 28	D	Weak or Absent	Down	Up	Up	27.78%
Jun 27	F	Weak or Absent	Down	Flat	Up	29.84%
Jun 26	F	Weak or Absent	Down	Down	Flat	30.64%
Jun 23	F	Weak or Absent	Down	Down	Flat	30.91%
Jun 22	F	Weak or Absent	Down	Down	Down	31.85%
Jun 21	F	Weak or Absent	Down	Down	Down	31.55%
Jun 20	F	Weak or Absent	Down	Down	Down	31.41%
Jun 16	F	Weak or Absent	Down	Down	Down	32.36%
Jun 15	F	Weak or Absent	Down	Down	Flat	29.82%