Trend Table for PCF - Putnam High Income Securities Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 14	B	Weak or Absent	Up	Up	Up	7.07%
May 13	C	Weak or Absent	Up	Up	Up	7.71%
May 10	C	Weak or Absent	Up	Up	Up	7.71%
May 9	C	Weak or Absent	Up	Up	Up	8.12%
May 8	C	Weak or Absent	Up	Up	Up	8.70%
May 7	C	Weak or Absent	Up	Flat	Up	9.37%
May 6	D	Weak or Absent	Up	Down	Up	10.21%
May 3	C	Weak or Absent	Up	Down	Up	11.24%
May 2	C	Weak or Absent	Up	Down	Up	11.59%
May 1	C	Strong	Up	Down	Up	11.59%