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 16	F	Weak or Absent	Down	Down	Down	28.56%
May 15	F	Weak or Absent	Down	Down	Flat	27.94%
May 12	F	Weak or Absent	Down	Down	Flat	28.35%
May 11	F	Weak or Absent	Down	Down	Flat	27.94%
May 10	F	Weak or Absent	Down	Down	Flat	27.53%
May 9	F	Weak or Absent	Down	Down	Down	27.73%
May 8	F	Weak or Absent	Down	Down	Flat	27.33%
May 5	F	Weak or Absent	Down	Down	Flat	27.12%
May 4	F	Weak or Absent	Down	Down	Down	28.77%
May 3	F	Weak or Absent	Down	Down	Down	27.53%