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
Jul 10	C	Weak or Absent	Up	Up	Flat	5.31%
Jul 9	B	Weak or Absent	Up	Up	Flat	5.05%
Jul 8	B	Weak or Absent	Up	Up	Flat	4.88%
Jul 5	B	Weak or Absent	Up	Up	Flat	5.05%
Jul 3	A	Weak or Absent	Up	Up	Flat	5.05%
Jul 2	B	Weak or Absent	Up	Up	Flat	5.39%
Jul 1	B	Weak or Absent	Up	Up	Down	5.57%
Jun 28	A	Strong	Up	Up	Flat	4.88%
Jun 27	B	Strong	Up	Up	Flat	5.57%
Jun 26	B	Strong	Up	Up	Flat	5.39%