Trend Table for NAZ - Nuveen Arizona Premium Income Municipal Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 19	F	Strong	Down	Down	Down	15.54%
Dec 16	F	Strong	Down	Down	Down	15.04%
Dec 15	F	Weak or Absent	Down	Down	Down	14.34%
Dec 14	F	Weak or Absent	Down	Down	Down	14.04%
Dec 13	F	Weak or Absent	Down	Down	Down	13.15%
Dec 12	F	Weak or Absent	Down	Down	Down	13.44%
Dec 9	F	Weak or Absent	Down	Down	Down	10.95%
Dec 8	F	Weak or Absent	Down	Down	Down	10.57%
Dec 7	F	Weak or Absent	Down	Down	Up	8.92%
Dec 6	F	Weak or Absent	Down	Down	Up	9.11%