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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 21	C	Strong	Up	Up	Flat	6.90%
Dec 20	B	Strong	Up	Up	Flat	7.03%
Dec 19	B	Strong	Up	Up	Up	6.41%
Dec 18	B	Strong	Up	Up	Up	6.66%
Dec 15	B	Strong	Up	Up	Up	6.53%
Dec 14	B	Strong	Up	Up	Up	6.16%
Dec 13	B	Strong	Up	Up	Up	6.77%
Dec 12	C	Strong	Flat	Up	Flat	9.04%
Dec 11	C	Strong	Flat	Up	Flat	9.17%
Dec 8	B	Strong	Flat	Up	Flat	8.91%