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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 24	F	Strong	Down	Down	Down	22.04%
Apr 21	F	Strong	Down	Down	Down	22.27%
Apr 20	D	Strong	Down	Down	Flat	18.67%
Apr 19	D	Strong	Down	Down	Flat	19.00%
Apr 18	D	Strong	Down	Down	Down	19.22%
Apr 17	D	Strong	Down	Down	Flat	17.66%
Apr 14	D	Strong	Down	Down	Down	20.48%
Apr 13	D	Strong	Down	Down	Down	19.45%
Apr 12	D	Strong	Down	Down	Down	19.00%
Apr 11	D	Strong	Down	Down	Down	19.56%