Trend Table for NCA - Nuveen California Municipal Value Fund, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 26	D	Strong	Down	Down	Down	15.10%
Oct 25	D	Strong	Down	Down	Down	15.54%
Oct 24	D	Strong	Down	Down	Down	13.94%
Oct 23	D	Weak or Absent	Down	Down	Down	14.37%
Oct 20	D	Weak or Absent	Down	Down	Down	13.23%
Oct 19	D	Weak or Absent	Down	Down	Down	12.25%
Oct 18	F	Weak or Absent	Down	Down	Down	10.61%
Oct 17	F	Weak or Absent	Down	Down	Down	10.88%
Oct 16	C	Weak or Absent	Down	Down	Flat	9.67%
Oct 13	B	Weak or Absent	Down	Flat	Up	8.10%