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
Jan 31	B	Strong	Up	Up	Up	5.93%
Jan 30	C	Strong	Up	Up	Up	6.78%
Jan 29	C	Strong	Up	Up	Up	6.44%
Jan 26	C	Strong	Up	Up	Down	9.43%
Jan 25	C	Strong	Up	Up	Down	9.61%
Jan 24	C	Strong	Up	Up	Down	8.89%
Jan 23	C	Strong	Up	Up	Down	9.97%
Jan 22	C	Strong	Up	Up	Down	8.96%
Jan 19	C	Strong	Up	Up	Down	8.96%
Jan 18	C	Strong	Up	Up	Flat	8.16%