Trend Table for PFD - Flaherty & Crumrine Preferred Income Fund Incorporated

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	A	Very Strong	Up	Up	Flat	4.93%
Jul 31	A	Very Strong	Up	Up	Flat	4.93%
Jul 30	A	Very Strong	Up	Up	Flat	5.02%
Jul 29	A	Very Strong	Up	Up	Flat	5.32%
Jul 26	A	Very Strong	Up	Up	Up	4.54%
Jul 25	A	Strong	Up	Up	Up	5.22%
Jul 24	A	Strong	Up	Up	Up	5.36%
Jul 23	A	Strong	Up	Up	Up	5.01%
Jul 22	A	Strong	Up	Up	Up	5.60%
Jul 19	A	Strong	Up	Up	Flat	6.77%