Trend Table for PZC - PIMCO California Municipal Income Fund III

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	D	Weak or Absent	Up	Down	Up	6.00%
May 9	D	Weak or Absent	Up	Down	Up	5.70%
May 8	D	Weak or Absent	Up	Down	Up	5.27%
May 7	D	Weak or Absent	Up	Down	Up	5.41%
May 6	D	Weak or Absent	Flat	Down	Up	6.59%
May 3	D	Weak or Absent	Flat	Down	Up	6.43%
May 2	D	Weak or Absent	Down	Down	Up	7.48%
May 1	D	Strong	Down	Down	Flat	8.24%
Apr 30	D	Strong	Down	Down	Flat	8.24%
Apr 29	D	Strong	Down	Down	Up	7.93%