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
Jan 23	B	Weak or Absent	Up	Up	Up	8.26%
Jan 20	B	Weak or Absent	Up	Up	Up	6.61%
Jan 19	B	Weak or Absent	Up	Up	Up	8.25%
Jan 18	B	Weak or Absent	Flat	Up	Up	11.79%
Jan 17	C	Weak or Absent	Down	Up	Up	13.02%
Jan 13	B	Weak or Absent	Flat	Up	Up	11.69%
Jan 12	C	Weak or Absent	Down	Up	Up	12.64%
Jan 11	C	Weak or Absent	Down	Up	Up	14.37%
Jan 10	C	Weak or Absent	Down	Up	Up	15.06%
Jan 9	B	Weak or Absent	Down	Up	Up	15.36%