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 8	B	Weak or Absent	Flat	Up	Flat	14.98%
May 5	B	Weak or Absent	Flat	Up	Flat	14.98%
May 4	B	Weak or Absent	Flat	Up	Up	14.76%
May 3	B	Weak or Absent	Down	Up	Flat	15.51%
May 2	B	Weak or Absent	Down	Up	Up	15.28%
May 1	B	Weak or Absent	Down	Up	Flat	15.58%
Apr 28	B	Weak or Absent	Flat	Up	Up	15.06%
Apr 27	C	Weak or Absent	Down	Up	Flat	15.66%
Apr 26	B	Weak or Absent	Down	Up	Down	15.96%
Apr 25	C	Weak or Absent	Down	Flat	Down	16.80%