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
Dec 18	C	Strong	Up	Up	Up	10.10%
Dec 15	C	Strong	Up	Up	Up	10.10%
Dec 14	C	Strong	Up	Up	Up	8.85%
Dec 13	C	Strong	Up	Up	Up	10.65%
Dec 12	C	Strong	Up	Up	Up	13.09%
Dec 11	C	Strong	Up	Up	Up	12.71%
Dec 8	C	Strong	Up	Up	Up	11.57%
Dec 7	C	Strong	Up	Up	Up	11.76%
Dec 6	B	Strong	Up	Up	Up	13.67%
Dec 5	C	Strong	Up	Up	Up	14.06%