Trend Table for HPS - John Hancock Preferred Income Fund III Preferred Income Fund III

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 29	C	Weak or Absent	Up	Flat	Down	8.22%
May 28	B	Weak or Absent	Up	Up	Down	7.37%
May 24	B	Weak or Absent	Up	Up	Down	6.81%
May 23	B	Weak or Absent	Up	Up	Down	7.44%
May 22	A	Weak or Absent	Up	Up	Flat	5.90%
May 21	B	Weak or Absent	Up	Up	Flat	5.70%
May 20	B	Weak or Absent	Up	Up	Flat	5.77%
May 17	B	Weak or Absent	Up	Up	Flat	6.11%
May 16	B	Weak or Absent	Up	Up	Flat	5.63%
May 15	B	Weak or Absent	Up	Up	Flat	5.84%