Trend Table for NIE - AllianzGI Equity & Convertible Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 19	D	Weak or Absent	Down	Down	Up	41.89%
Jan 18	F	Weak or Absent	Down	Down	Up	40.52%
Jan 17	F	Weak or Absent	Down	Down	Up	39.96%
Jan 13	F	Weak or Absent	Down	Down	Up	40.59%
Jan 12	F	Weak or Absent	Down	Down	Up	39.82%
Jan 11	F	Weak or Absent	Down	Down	Up	39.47%
Jan 10	D	Strong	Down	Down	Up	42.40%
Jan 9	F	Strong	Down	Down	Flat	46.99%
Jan 6	F	Strong	Down	Down	Down	49.60%
Jan 5	F	Strong	Down	Down	Down	52.97%