Trend Table for NIE - AllianzGI Equity & Convertible Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 1	B	Weak or Absent	Down	Up	Up	35.54%
Apr 28	C	Weak or Absent	Down	Up	Up	36.15%
Apr 27	C	Weak or Absent	Down	Up	Flat	37.04%
Apr 26	B	Weak or Absent	Down	Up	Down	38.94%
Apr 25	C	Weak or Absent	Down	Flat	Down	39.37%
Apr 24	C	Weak or Absent	Down	Up	Down	36.77%
Apr 21	C	Weak or Absent	Down	Up	Flat	36.42%
Apr 20	C	Weak or Absent	Down	Up	Down	37.04%
Apr 19	C	Weak or Absent	Down	Up	Flat	35.74%
Apr 18	C	Weak or Absent	Down	Up	Up	35.47%