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
Aug 15	A	Strong	Up	Up	Up	-2.60%
Aug 14	A	Strong	Up	Up	Up	-2.98%
Aug 13	A	Strong	Up	Up	Up	-2.83%
Aug 12	A	Strong	Up	Up	Up	-1.92%
Aug 9	A	Strong	Up	Up	Up	-1.37%
Aug 8	A	Strong	Up	Up	Up	-1.53%
Aug 7	A	Strong	Up	Up	Up	-1.68%
Aug 6	A	Strong	Up	Up	Up	-1.08%
Aug 5	A	Strong	Up	Up	Flat	-0.27%
Aug 2	A	Strong	Up	Up	Up	-1.22%