Trend Table for NIE - AllianzGI Equity & Convertible Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 5	F	Strong	Down	Down	Down	55.25%
Jan 4	F	Strong	Down	Down	Down	53.14%
Jan 3	F	Weak or Absent	Down	Down	Down	53.64%
Dec 30	F	Weak or Absent	Down	Down	Down	54.74%
Dec 29	F	Weak or Absent	Down	Down	Down	55.25%
Dec 28	F	Weak or Absent	Down	Down	Down	40.20%
Dec 27	F	Weak or Absent	Down	Down	Down	40.41%
Dec 23	F	Weak or Absent	Down	Down	Down	39.30%
Dec 22	F	Weak or Absent	Down	Down	Down	40.55%
Dec 21	F	Weak or Absent	Down	Down	Down	38.89%