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
Jul 11	A	Strong	Up	Up	Up	12.00%
Jul 10	A	Weak or Absent	Up	Up	Up	13.81%
Jul 9	A	Weak or Absent	Up	Up	Flat	15.01%
Jul 8	A	Weak or Absent	Up	Up	Up	14.36%
Jul 5	A	Weak or Absent	Up	Up	Flat	14.89%
Jul 3	A	Weak or Absent	Up	Up	Flat	15.23%
Jul 2	A	Weak or Absent	Up	Up	Flat	15.45%
Jul 1	A	Weak or Absent	Up	Up	Flat	15.67%
Jun 28	A	Weak or Absent	Up	Up	Up	15.01%
Jun 27	A	Weak or Absent	Up	Up	Up	15.01%