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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 16	A	Strong	Up	Up	Down	9.37%
Aug 15	A	Strong	Up	Up	Flat	8.55%
Aug 14	B	Strong	Up	Up	Down	9.16%
Aug 11	B	Strong	Up	Up	Flat	8.33%
Aug 10	B	Strong	Up	Up	Flat	8.44%
Aug 9	B	Strong	Up	Up	Flat	8.54%
Aug 8	B	Strong	Up	Up	Flat	8.40%
Aug 7	B	Strong	Up	Up	Down	9.28%
Aug 4	A	Strong	Up	Up	Flat	8.20%
Aug 3	B	Strong	Up	Up	Flat	8.74%