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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	B	Weak or Absent	Up	Up	Up	4.51%
May 14	B	Weak or Absent	Up	Up	Flat	5.11%
May 13	A	Weak or Absent	Up	Up	Up	5.10%
May 10	B	Weak or Absent	Up	Up	Up	5.22%
May 9	B	Weak or Absent	Up	Up	Up	4.86%
May 8	A	Weak or Absent	Up	Up	Up	4.62%
May 7	A	Weak or Absent	Up	Up	Up	4.62%
May 6	C	Weak or Absent	Up	Up	Up	5.59%
May 3	C	Weak or Absent	Up	Flat	Up	6.46%
May 2	C	Weak or Absent	Up	Down	Flat	7.21%