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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 28	D	Weak or Absent	Down	Down	Down	18.75%
Dec 27	C	Weak or Absent	Down	Down	Down	19.36%
Dec 23	C	Weak or Absent	Down	Down	Down	19.21%
Dec 22	C	Weak or Absent	Down	Down	Down	18.52%
Dec 21	C	Weak or Absent	Down	Up	Flat	17.03%
Dec 20	C	Weak or Absent	Down	Flat	Down	18.22%
Dec 19	B	Weak or Absent	Down	Flat	Down	17.62%
Dec 16	C	Weak or Absent	Down	Flat	Down	17.62%
Dec 15	C	Weak or Absent	Down	Up	Down	16.96%
Dec 14	C	Weak or Absent	Down	Up	Down	16.59%