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
Aug 1	A	Weak or Absent	Up	Up	Up	-1.37%
Jul 31	A	Weak or Absent	Up	Up	Up	-0.75%
Jul 30	A	Weak or Absent	Up	Up	Up	0.05%
Jul 29	A	Weak or Absent	Up	Up	Up	0.53%
Jul 26	A	Weak or Absent	Up	Up	Flat	1.02%
Jul 25	A	Weak or Absent	Up	Up	Up	0.69%
Jul 24	A	Weak or Absent	Up	Up	Flat	1.34%
Jul 23	A	Weak or Absent	Up	Up	Flat	1.08%
Jul 22	A	Weak or Absent	Up	Up	Flat	1.24%
Jul 19	C	Weak or Absent	Up	Up	Down	2.23%