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 14	B	Weak or Absent	Up	Up	Flat	6.18%
May 13	A	Weak or Absent	Up	Up	Up	6.18%
May 10	A	Weak or Absent	Up	Up	Up	6.39%
May 9	A	Weak or Absent	Up	Up	Up	6.60%
May 8	A	Weak or Absent	Up	Up	Up	6.32%
May 7	A	Weak or Absent	Up	Up	Up	5.91%
May 6	A	Weak or Absent	Up	Up	Up	5.30%
May 3	A	Weak or Absent	Up	Up	Up	6.39%
May 2	A	Weak or Absent	Up	Up	Up	7.64%
May 1	A	Weak or Absent	Up	Up	Up	8.42%