Trend Table for PMM - Putnam Managed Municipal Income Trust

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	B	Strong	Up	Up	Flat	2.85%
Feb 22	C	Strong	Up	Up	Flat	3.52%
Feb 21	B	Weak or Absent	Up	Up	Up	2.66%
Feb 20	B	Weak or Absent	Up	Up	Flat	3.24%
Feb 16	C	Strong	Up	Up	Flat	3.74%
Feb 15	B	Strong	Up	Up	Flat	3.41%
Feb 14	B	Strong	Up	Up	Flat	3.24%
Feb 13	B	Strong	Up	Up	Down	3.91%
Feb 12	B	Strong	Up	Up	Flat	2.91%
Feb 9	C	Strong	Up	Up	Flat	3.58%