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
Sep 4	B	Weak or Absent	Up	Up	Down	2.75%
Sep 3	B	Weak or Absent	Up	Up	Flat	2.34%
Aug 30	C	Weak or Absent	Up	Up	Down	2.75%
Aug 29	C	Weak or Absent	Up	Up	Flat	2.26%
Aug 28	C	Strong	Up	Up	Down	2.75%
Aug 27	C	Strong	Up	Up	Flat	2.10%
Aug 26	B	Strong	Up	Up	Flat	1.94%
Aug 23	A	Strong	Up	Up	Up	0.21%
Aug 22	A	Strong	Up	Up	Up	0.74%
Aug 21	A	Strong	Up	Up	Up	1.05%