Trend Table for NAC - Nuveen California Dividend Advantage Municipal Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	B	Very Strong	Up	Up	Up	9.24%
Dec 22	B	Very Strong	Up	Up	Up	8.85%
Dec 21	B	Very Strong	Up	Up	Up	8.94%
Dec 20	B	Very Strong	Up	Up	Up	9.64%
Dec 19	B	Very Strong	Up	Up	Up	9.73%
Dec 18	B	Very Strong	Up	Up	Up	10.54%
Dec 15	B	Very Strong	Up	Up	Up	10.43%
Dec 14	B	Very Strong	Up	Up	Up	10.74%
Dec 13	B	Very Strong	Up	Up	Up	12.73%
Dec 12	B	Very Strong	Up	Up	Flat	13.05%