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 19	F	Weak or Absent	Down	Down	Flat	28.55%
May 18	F	Weak or Absent	Down	Down	Flat	28.14%
May 17	F	Weak or Absent	Down	Down	Flat	28.35%
May 16	F	Weak or Absent	Down	Down	Down	28.97%
May 15	F	Weak or Absent	Down	Down	Flat	28.35%
May 12	F	Weak or Absent	Down	Down	Flat	28.77%
May 11	F	Weak or Absent	Down	Down	Flat	28.35%
May 10	F	Weak or Absent	Down	Down	Flat	27.95%
May 9	F	Weak or Absent	Down	Down	Down	28.15%
May 8	F	Weak or Absent	Down	Down	Flat	27.74%