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 15	C	Weak or Absent	Down	Up	Flat	3.51%
May 12	C	Weak or Absent	Down	Up	Flat	3.71%
May 11	B	Weak or Absent	Flat	Up	Up	1.60%
May 10	B	Weak or Absent	Down	Up	Up	2.91%
May 9	B	Weak or Absent	Down	Up	Up	2.24%
May 8	B	Weak or Absent	Down	Up	Up	3.30%
May 5	B	Weak or Absent	Down	Up	Up	2.90%
May 4	B	Weak or Absent	Down	Up	Flat	4.10%
May 3	B	Weak or Absent	Down	Up	Flat	4.51%
May 2	B	Weak or Absent	Down	Up	Flat	4.51%