Trend Table for RFM - RiverNorth Flexible Municipal Income Fund, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	A	Weak or Absent	Up	Up	Up	-0.44%
May 17	B	Weak or Absent	Up	Up	Flat	0.61%
May 16	B	Weak or Absent	Up	Up	Flat	1.05%
May 15	B	Weak or Absent	Up	Up	Up	0.80%
May 14	A	Weak or Absent	Up	Up	Flat	1.30%
May 13	A	Weak or Absent	Up	Up	Up	1.08%
May 10	A	Weak or Absent	Up	Up	Up	1.14%
May 9	A	Weak or Absent	Up	Up	Up	0.52%
May 8	A	Weak or Absent	Up	Up	Up	0.71%
May 7	A	Weak or Absent	Up	Up	Up	0.71%