Trend Table for MHD - Blackrock MuniHoldings Fund, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	D	Weak or Absent	Down	Down	Down	15.87%
May 19	D	Weak or Absent	Down	Down	Down	15.46%
May 18	D	Weak or Absent	Down	Down	Flat	13.76%
May 17	D	Weak or Absent	Down	Down	Flat	13.27%
May 16	D	Weak or Absent	Down	Down	Flat	13.17%
May 15	D	Weak or Absent	Down	Down	Flat	13.37%
May 12	D	Weak or Absent	Down	Down	Flat	13.27%
May 11	D	Weak or Absent	Down	Down	Down	13.52%
May 10	D	Weak or Absent	Down	Down	Flat	12.93%
May 9	D	Weak or Absent	Down	Down	Down	13.32%