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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 15	D	Weak or Absent	Down	Down	Down	9.65%
Aug 14	D	Weak or Absent	Down	Down	Down	9.39%
Aug 11	D	Weak or Absent	Down	Down	Down	9.11%
Aug 10	D	Weak or Absent	Down	Down	Down	9.37%
Aug 9	D	Weak or Absent	Flat	Down	Down	9.11%
Aug 8	D	Weak or Absent	Flat	Down	Down	9.11%
Aug 7	D	Weak or Absent	Flat	Down	Down	9.11%
Aug 4	D	Weak or Absent	Flat	Down	Down	8.60%
Aug 3	D	Weak or Absent	Flat	Down	Down	8.48%
Aug 2	C	Weak or Absent	Up	Flat	Flat	7.98%