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
Jan 25	C	Strong	Up	Up	Down	5.98%
Jan 24	C	Strong	Up	Up	Down	5.28%
Jan 23	C	Strong	Up	Up	Down	6.33%
Jan 22	C	Strong	Up	Up	Down	5.35%
Jan 19	C	Strong	Up	Up	Down	5.35%
Jan 18	C	Strong	Up	Up	Flat	4.57%
Jan 17	B	Strong	Up	Up	Flat	4.32%
Jan 16	B	Strong	Up	Up	Flat	4.15%
Jan 12	B	Strong	Up	Up	Up	2.49%
Jan 11	B	Strong	Up	Up	Up	3.31%