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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	C	Weak or Absent	Up	Flat	Down	4.56%
May 17	B	Weak or Absent	Up	Up	Flat	3.83%
May 16	B	Weak or Absent	Up	Up	Flat	3.65%
May 15	B	Weak or Absent	Up	Up	Up	3.23%
May 14	B	Weak or Absent	Up	Up	Flat	3.83%
May 13	A	Weak or Absent	Up	Up	Up	3.82%
May 10	B	Weak or Absent	Up	Up	Up	3.94%
May 9	B	Weak or Absent	Up	Up	Up	3.58%
May 8	A	Weak or Absent	Up	Up	Up	3.34%
May 7	A	Weak or Absent	Up	Up	Up	3.34%