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
Aug 1	B	Weak or Absent	Up	Up	Up	19.56%
Jul 31	C	Weak or Absent	Up	Up	Up	19.19%
Jul 28	B	Weak or Absent	Up	Up	Flat	20.11%
Jul 27	C	Weak or Absent	Up	Up	Down	21.05%
Jul 26	C	Weak or Absent	Up	Up	Flat	20.86%
Jul 25	C	Strong	Up	Up	Down	20.86%
Jul 24	B	Strong	Up	Up	Flat	19.74%
Jul 21	C	Strong	Up	Up	Flat	20.67%
Jul 20	C	Strong	Up	Up	Flat	20.86%
Jul 19	C	Strong	Up	Up	Flat	20.30%