Trend Table for PFO - Flaherty & Crumrine Preferred Income Opportunity Fund Incorporated

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 22	A	Strong	Up	Up	Up	12.68%
Mar 21	B	Strong	Up	Up	Up	13.22%
Mar 20	B	Strong	Up	Up	Up	13.89%
Mar 19	B	Weak or Absent	Up	Up	Up	14.38%
Mar 18	B	Weak or Absent	Up	Up	Flat	14.93%
Mar 15	B	Weak or Absent	Up	Up	Flat	15.21%
Mar 14	B	Weak or Absent	Up	Flat	Flat	15.77%
Mar 13	B	Weak or Absent	Up	Up	Flat	14.93%
Mar 12	B	Weak or Absent	Up	Up	Flat	15.51%
Mar 11	B	Weak or Absent	Up	Up	Flat	15.49%