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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 23	B	Weak or Absent	Up	Up	Up	1.49%
Aug 22	A	Weak or Absent	Up	Up	Flat	1.72%
Aug 21	B	Weak or Absent	Up	Up	Up	1.49%
Aug 20	A	Weak or Absent	Up	Up	Flat	1.83%
Aug 19	A	Weak or Absent	Up	Up	Flat	1.95%
Aug 16	A	Weak or Absent	Up	Up	Flat	2.30%
Aug 15	A	Weak or Absent	Up	Up	Flat	2.41%
Aug 14	A	Strong	Up	Up	Flat	2.28%
Aug 13	A	Strong	Up	Up	Flat	2.17%
Aug 12	A	Strong	Up	Up	Flat	2.40%