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
Aug 8	B	Strong	Up	Up	Flat	11.64%
Aug 7	A	Strong	Up	Up	Down	12.77%
Aug 6	A	Very Strong	Up	Up	Down	13.09%
Aug 5	B	Very Strong	Up	Down	Down	14.83%
Aug 2	A	Very Strong	Up	Up	Flat	10.80%
Aug 1	A	Very Strong	Up	Up	Flat	10.17%
Jul 31	A	Very Strong	Up	Up	Flat	10.17%
Jul 30	A	Very Strong	Up	Up	Flat	10.27%
Jul 29	A	Very Strong	Up	Up	Flat	10.58%
Jul 26	A	Very Strong	Up	Up	Up	9.76%