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
Dec 21	C	Strong	Down	Down	Down	25.40%
Dec 20	D	Strong	Down	Down	Down	26.74%
Dec 19	D	Strong	Down	Down	Down	26.94%
Dec 16	D	Strong	Down	Down	Down	24.07%
Dec 15	C	Strong	Down	Up	Down	22.05%
Dec 14	C	Strong	Down	Up	Down	22.22%
Dec 13	C	Strong	Down	Up	Down	21.15%
Dec 12	C	Strong	Down	Up	Down	19.57%
Dec 9	C	Strong	Down	Up	Down	18.71%
Dec 8	B	Strong	Down	Up	Up	15.87%