Trend Table for PCF - Putnam High Income Securities Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 28	A	Strong	Up	Up	Flat	5.81%
May 24	A	Strong	Up	Up	Up	5.14%
May 23	A	Strong	Up	Up	Flat	6.12%
May 22	A	Strong	Up	Up	Up	4.86%
May 21	B	Strong	Up	Up	Up	5.49%
May 20	B	Strong	Up	Up	Up	5.49%
May 17	B	Strong	Up	Up	Up	6.48%
May 16	B	Strong	Up	Up	Up	6.24%
May 15	B	Strong	Up	Up	Up	6.64%
May 14	B	Weak or Absent	Up	Up	Up	6.96%