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 13	C	Weak or Absent	Up	Up	Up	7.61%
May 10	C	Weak or Absent	Up	Up	Up	7.61%
May 9	C	Weak or Absent	Up	Up	Up	8.01%
May 8	C	Weak or Absent	Up	Up	Up	8.59%
May 7	C	Weak or Absent	Up	Flat	Up	9.25%
May 6	D	Weak or Absent	Up	Down	Up	10.10%
May 3	C	Weak or Absent	Up	Down	Up	11.13%
May 2	C	Weak or Absent	Up	Down	Up	11.48%
May 1	C	Strong	Up	Down	Up	11.48%
Apr 30	B	Strong	Up	Down	Flat	12.54%