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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 19	A	Weak or Absent	Up	Flat	Flat	7.80%
May 18	B	Weak or Absent	Up	Flat	Flat	7.93%
May 17	C	Weak or Absent	Up	Flat	Flat	8.30%
May 16	B	Weak or Absent	Up	Flat	Flat	8.30%
May 15	A	Weak or Absent	Up	Flat	Flat	7.80%
May 12	A	Weak or Absent	Up	Up	Flat	7.68%
May 11	A	Weak or Absent	Up	Flat	Flat	7.77%
May 10	A	Weak or Absent	Up	Up	Up	7.29%
May 9	A	Weak or Absent	Up	Up	Flat	7.53%
May 8	A	Weak or Absent	Up	Flat	Flat	7.77%