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
Feb 21	B	Weak or Absent	Up	Up	Down	8.90%
Feb 17	B	Weak or Absent	Up	Up	Down	7.05%
Feb 16	B	Weak or Absent	Up	Up	Flat	5.35%
Feb 15	B	Weak or Absent	Up	Up	Up	3.95%
Feb 14	B	Weak or Absent	Up	Up	Flat	4.93%
Feb 13	C	Weak or Absent	Up	Up	Down	6.19%
Feb 10	C	Weak or Absent	Up	Up	Down	6.44%
Feb 9	A	Weak or Absent	Up	Up	Flat	5.18%
Feb 8	B	Weak or Absent	Up	Up	Up	4.85%
Feb 7	B	Weak or Absent	Up	Up	Up	4.85%