Trend Table for NAZ - Nuveen Arizona Premium Income Municipal Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Strong	Up	Up	Up	16.67%
May 17	B	Strong	Up	Up	Up	17.21%
May 16	A	Strong	Up	Up	Up	17.21%
May 15	B	Strong	Up	Up	Up	16.99%
May 14	B	Strong	Up	Up	Up	17.86%
May 13	B	Strong	Up	Up	Up	17.88%
May 10	B	Strong	Up	Up	Up	17.67%
May 9	B	Strong	Up	Flat	Up	18.27%
May 8	B	Strong	Up	Flat	Up	18.21%
May 7	B	Strong	Up	Flat	Up	18.37%