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
Dec 6	A	Strong	Up	Up	Up	14.74%
Dec 5	A	Strong	Up	Up	Up	14.39%
Dec 4	B	Strong	Up	Up	Up	16.53%
Dec 1	B	Strong	Up	Up	Up	17.07%
Nov 30	B	Strong	Up	Up	Up	18.00%
Nov 29	B	Strong	Up	Up	Flat	19.69%
Nov 28	C	Strong	Up	Up	Flat	20.08%
Nov 27	C	Strong	Up	Up	Flat	20.27%
Nov 24	B	Strong	Up	Up	Up	19.50%
Nov 22	B	Strong	Up	Up	Flat	20.08%