Trend Table for NAZ - Nuveen Arizona Premium Income Municipal Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 4	A	Weak or Absent	Up	Up	Up	16.78%
Jun 3	B	Weak or Absent	Up	Flat	Flat	18.30%
May 31	C	Weak or Absent	Up	Down	Down	19.29%
May 30	C	Weak or Absent	Up	Down	Down	19.29%
May 29	C	Strong	Up	Flat	Down	18.73%
May 28	B	Strong	Up	Flat	Down	18.30%
May 24	B	Strong	Up	Flat	Down	18.09%
May 23	B	Strong	Up	Flat	Down	18.40%
May 22	C	Strong	Up	Up	Flat	17.75%
May 21	B	Strong	Up	Up	Up	16.67%