Trend Table for NIE - AllianzGI Equity & Convertible Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 20	F	Weak or Absent	Down	Down	Up	43.05%
Jan 19	D	Weak or Absent	Down	Down	Up	44.00%
Jan 18	F	Weak or Absent	Down	Down	Up	42.61%
Jan 17	F	Weak or Absent	Down	Down	Up	42.04%
Jan 13	F	Weak or Absent	Down	Down	Up	42.68%
Jan 12	F	Weak or Absent	Down	Down	Up	41.89%
Jan 11	F	Weak or Absent	Down	Down	Up	41.54%
Jan 10	D	Strong	Down	Down	Up	44.51%
Jan 9	F	Strong	Down	Down	Flat	49.17%
Jan 6	F	Strong	Down	Down	Down	51.82%