Trend Table for NAC - Nuveen California Dividend Advantage Municipal Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	A	Weak or Absent	Up	Up	Up	11.12%
May 9	A	Weak or Absent	Up	Up	Up	10.42%
May 8	A	Weak or Absent	Up	Up	Up	10.51%
May 7	A	Weak or Absent	Up	Up	Up	10.72%
May 6	A	Weak or Absent	Up	Up	Up	11.93%
May 3	A	Weak or Absent	Up	Flat	Up	12.34%
May 2	C	Weak or Absent	Up	Flat	Up	13.27%
May 1	B	Weak or Absent	Up	Down	Up	13.48%
Apr 30	B	Weak or Absent	Up	Down	Flat	13.80%
Apr 29	C	Weak or Absent	Up	Down	Up	13.69%