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
Feb 5	A	Weak or Absent	Up	Up	Up	13.33%
Feb 2	B	Weak or Absent	Up	Up	Up	12.98%
Feb 1	B	Weak or Absent	Up	Up	Up	13.51%
Jan 31	B	Weak or Absent	Up	Up	Flat	14.39%
Jan 30	B	Weak or Absent	Up	Up	Up	14.21%
Jan 29	B	Weak or Absent	Up	Up	Flat	14.39%
Jan 26	C	Weak or Absent	Up	Up	Flat	15.12%
Jan 25	C	Weak or Absent	Up	Flat	Flat	15.30%
Jan 24	C	Weak or Absent	Up	Flat	Down	15.48%
Jan 23	C	Weak or Absent	Up	Up	Down	15.30%