Trend Table for NUV - Nuveen Municipal Value Fund, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 30	D	Weak or Absent	Flat	Down	Down	8.25%
May 29	C	Weak or Absent	Flat	Down	Down	8.25%
May 28	C	Weak or Absent	Up	Down	Down	7.99%
May 24	C	Weak or Absent	Up	Down	Down	7.23%
May 23	C	Weak or Absent	Up	Down	Down	6.97%
May 22	D	Weak or Absent	Up	Flat	Down	6.47%
May 21	C	Weak or Absent	Up	Flat	Down	5.97%
May 20	C	Weak or Absent	Up	Flat	Down	5.85%
May 17	B	Weak or Absent	Up	Up	Flat	5.11%
May 16	B	Weak or Absent	Up	Up	Flat	4.93%