Trend Table for MHD - Blackrock MuniHoldings Fund, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	C	Strong	Down	Down	Flat	18.05%
May 30	D	Strong	Down	Down	Flat	18.77%
May 26	D	Strong	Down	Down	Down	19.72%
May 25	D	Strong	Down	Down	Down	19.09%
May 24	D	Strong	Down	Down	Down	19.62%
May 23	D	Strong	Down	Down	Down	18.67%
May 22	D	Weak or Absent	Down	Down	Down	19.09%
May 19	D	Weak or Absent	Down	Down	Down	18.67%
May 18	D	Weak or Absent	Down	Down	Flat	16.92%
May 17	D	Weak or Absent	Down	Down	Flat	16.42%