Trend Table for MIO - Pioneer Municipal High Income Opportunities Fund, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	D	Weak or Absent	Down	Down	Down	25.35%
May 12	D	Weak or Absent	Down	Down	Down	25.23%
May 11	D	Weak or Absent	Down	Down	Down	25.00%
May 10	D	Weak or Absent	Down	Down	Flat	23.93%
May 9	D	Weak or Absent	Down	Down	Flat	24.29%
May 8	D	Weak or Absent	Down	Down	Flat	24.76%
May 5	D	Weak or Absent	Down	Flat	Up	23.12%
May 4	C	Weak or Absent	Down	Down	Flat	24.17%
May 3	C	Weak or Absent	Down	Down	Flat	24.76%
May 2	C	Weak or Absent	Down	Down	Up	23.59%