Trend Table for PFF - iShares US Preferred Stock ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	C	Weak or Absent	Up	Flat	Up	5.90%
May 3	B	Weak or Absent	Up	Flat	Up	6.35%
May 2	C	Weak or Absent	Up	Down	Up	7.53%
May 1	B	Weak or Absent	Up	Down	Up	7.72%
Apr 30	C	Weak or Absent	Up	Down	Flat	8.89%
Apr 29	C	Weak or Absent	Up	Down	Up	7.64%
Apr 26	C	Weak or Absent	Up	Down	Up	8.30%
Apr 25	B	Strong	Up	Down	Flat	8.47%
Apr 24	C	Strong	Up	Down	Up	7.57%
Apr 23	C	Strong	Up	Down	Up	7.54%