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
Jun 11	A	Weak or Absent	Up	Up	Flat	16.49%
Jun 10	A	Weak or Absent	Up	Up	Up	16.21%
Jun 7	B	Weak or Absent	Up	Up	Flat	16.55%
Jun 6	A	Weak or Absent	Up	Up	Up	16.10%
Jun 5	B	Weak or Absent	Up	Up	Up	16.05%
Jun 4	A	Weak or Absent	Up	Up	Up	15.99%
Jun 3	B	Weak or Absent	Up	Up	Up	16.77%
May 31	B	Weak or Absent	Up	Up	Flat	17.17%
May 30	B	Weak or Absent	Up	Up	Flat	17.91%
May 29	C	Weak or Absent	Up	Flat	Down	18.96%