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
Sep 12	A	Weak or Absent	Up	Up	Up	-3.99%
Sep 11	A	Weak or Absent	Up	Up	Up	-2.80%
Sep 10	A	Weak or Absent	Up	Up	Up	-2.04%
Sep 9	B	Weak or Absent	Up	Up	Flat	-1.42%
Sep 6	B	Weak or Absent	Up	Up	Flat	-1.42%
Sep 5	B	Weak or Absent	Up	Up	Down	-1.42%
Sep 4	B	Weak or Absent	Up	Up	Down	-1.26%
Sep 3	B	Weak or Absent	Up	Up	Flat	-1.65%
Aug 30	C	Weak or Absent	Up	Up	Down	-1.26%
Aug 29	C	Weak or Absent	Up	Up	Flat	-1.73%