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
Dec 26	C	Strong	Up	Up	Up	4.66%
Dec 22	C	Strong	Up	Up	Up	4.32%
Dec 21	C	Strong	Up	Up	Flat	6.57%
Dec 20	C	Strong	Up	Up	Up	4.72%
Dec 19	C	Strong	Up	Up	Up	5.58%
Dec 18	C	Strong	Up	Up	Up	6.45%
Dec 15	C	Strong	Up	Up	Up	6.45%
Dec 14	C	Strong	Up	Up	Up	5.24%
Dec 13	C	Strong	Up	Up	Up	6.98%
Dec 12	C	Strong	Up	Up	Up	9.34%