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 13	C	Weak or Absent	Down	Up	Down	15.08%
Dec 12	C	Weak or Absent	Down	Up	Down	15.43%
Dec 9	C	Strong	Down	Up	Down	16.08%
Dec 8	C	Strong	Down	Up	Down	15.22%
Dec 7	C	Strong	Down	Up	Down	14.09%
Dec 6	C	Strong	Down	Up	Down	14.02%
Dec 5	C	Strong	Down	Up	Down	13.32%
Dec 2	C	Strong	Down	Up	Up	9.32%
Dec 1	C	Strong	Down	Up	Up	9.64%
Nov 30	C	Strong	Down	Up	Up	9.45%