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
Feb 29	C	Weak or Absent	Up	Flat	Flat	7.40%
Feb 28	C	Weak or Absent	Up	Down	Down	8.46%
Feb 27	C	Weak or Absent	Up	Flat	Down	8.01%
Feb 26	C	Weak or Absent	Up	Flat	Down	7.75%
Feb 23	B	Strong	Up	Up	Flat	6.36%
Feb 22	C	Strong	Up	Up	Flat	7.05%
Feb 21	B	Weak or Absent	Up	Up	Up	6.17%
Feb 20	B	Weak or Absent	Up	Up	Flat	6.76%
Feb 16	C	Strong	Up	Up	Flat	7.29%
Feb 15	B	Strong	Up	Up	Flat	6.94%