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 6	A	Weak or Absent	Up	Up	Up	1.65%
May 3	D	Weak or Absent	Up	Flat	Flat	2.73%
May 2	D	Weak or Absent	Up	Flat	Flat	3.12%
May 1	C	Weak or Absent	Up	Flat	Flat	2.96%
Apr 30	C	Weak or Absent	Up	Down	Down	3.64%
Apr 29	D	Weak or Absent	Up	Down	Down	3.84%
Apr 26	A	Weak or Absent	Up	Flat	Flat	2.41%
Apr 25	A	Weak or Absent	Up	Flat	Flat	2.60%
Apr 24	A	Weak or Absent	Up	Up	Up	1.43%
Apr 23	A	Weak or Absent	Up	Up	Up	0.96%