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 1	F	Weak or Absent	Down	Down	Down	20.51%
Apr 28	F	Weak or Absent	Down	Down	Down	20.39%
Apr 27	F	Weak or Absent	Down	Down	Flat	19.51%
Apr 26	F	Weak or Absent	Down	Down	Down	19.62%
Apr 25	F	Weak or Absent	Down	Down	Down	19.71%
Apr 24	F	Weak or Absent	Down	Down	Down	19.73%
Apr 21	F	Weak or Absent	Down	Down	Down	19.73%
Apr 20	F	Weak or Absent	Down	Down	Down	19.40%
Apr 19	F	Weak or Absent	Down	Down	Down	19.29%
Apr 18	F	Weak or Absent	Down	Down	Down	18.86%