Trend Table for NIE - AllianzGI Equity & Convertible Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 20	D	Weak or Absent	Up	Flat	Up	8.17%
Aug 19	D	Weak or Absent	Up	Down	Up	8.55%
Aug 16	D	Weak or Absent	Up	Down	Up	8.98%
Aug 15	D	Strong	Up	Down	Up	9.37%
Aug 14	C	Strong	Up	Down	Up	10.86%
Aug 13	C	Strong	Up	Down	Up	10.56%
Aug 12	C	Strong	Up	Down	Up	11.21%
Aug 9	C	Strong	Up	Down	Flat	11.61%
Aug 8	C	Strong	Up	Down	Flat	12.15%
Aug 7	C	Strong	Up	Down	Down	13.84%