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
Jan 18	A	Strong	Up	Up	Flat	14.74%
Jan 17	B	Strong	Up	Up	Flat	15.10%
Jan 16	A	Strong	Up	Up	Flat	14.92%
Jan 12	B	Strong	Up	Up	Up	14.57%
Jan 11	B	Strong	Up	Up	Flat	14.74%
Jan 10	B	Strong	Up	Up	Up	14.74%
Jan 9	B	Strong	Up	Up	Up	14.92%
Jan 8	B	Strong	Up	Up	Up	14.57%
Jan 5	A	Strong	Up	Up	Flat	15.28%
Jan 4	A	Strong	Up	Up	Flat	15.46%