Trend Table for NAZ - Nuveen Arizona Premium Income Municipal Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 24	B	Strong	Up	Flat	Down	17.85%
May 23	B	Strong	Up	Flat	Down	18.16%
May 22	C	Strong	Up	Up	Flat	17.51%
May 21	B	Strong	Up	Up	Up	16.43%
May 20	B	Strong	Up	Up	Up	16.43%
May 17	B	Strong	Up	Up	Up	16.97%
May 16	A	Strong	Up	Up	Up	16.97%
May 15	B	Strong	Up	Up	Up	16.75%
May 14	B	Strong	Up	Up	Up	17.62%
May 13	B	Strong	Up	Up	Up	17.64%