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 22	C	Weak or Absent	Down	Flat	Down	16.52%
May 19	C	Weak or Absent	Down	Flat	Down	16.29%
May 18	C	Weak or Absent	Down	Up	Down	15.95%
May 17	C	Weak or Absent	Flat	Up	Flat	15.45%
May 16	B	Weak or Absent	Flat	Up	Flat	15.53%
May 15	C	Weak or Absent	Flat	Up	Flat	15.23%
May 12	A	Weak or Absent	Flat	Up	Flat	14.92%
May 11	A	Weak or Absent	Up	Up	Up	14.32%
May 10	B	Weak or Absent	Flat	Up	Flat	14.83%
May 9	B	Weak or Absent	Flat	Up	Flat	15.13%