Trend Table for AGD - Alpine Global Dynamic Dividend Fund Shares of Beneficial Interest

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 3	B	Weak or Absent	Up	Up	Flat	11.27%
May 31	B	Weak or Absent	Up	Up	Down	12.09%
May 30	B	Weak or Absent	Up	Up	Down	12.68%
May 29	B	Weak or Absent	Up	Up	Down	12.68%
May 28	A	Weak or Absent	Up	Up	Down	10.70%
May 24	A	Strong	Up	Up	Flat	10.13%
May 23	A	Strong	Up	Up	Flat	10.47%
May 22	A	Strong	Up	Up	Up	9.56%
May 21	A	Weak or Absent	Up	Up	Up	9.28%
May 20	B	Weak or Absent	Up	Up	Up	9.84%