Trend Table for PMM - Putnam Managed Municipal Income Trust

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	C	Strong	Up	Up	Up	8.96%
May 9	C	Strong	Up	Up	Up	8.33%
May 8	C	Strong	Up	Up	Up	8.87%
May 7	C	Strong	Up	Flat	Up	9.23%
May 6	D	Strong	Up	Down	Up	10.34%
May 3	C	Strong	Up	Down	Flat	10.95%
May 2	C	Strong	Up	Down	Flat	11.37%
May 1	C	Strong	Up	Down	Flat	11.47%
Apr 30	C	Strong	Up	Down	Flat	11.84%
Apr 29	C	Strong	Up	Down	Flat	11.09%