Trend Table for RMM - RiverNorth Managed Duration Municipal Income Fund, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	B	Weak or Absent	Up	Up	Up	7.70%
May 16	B	Weak or Absent	Up	Up	Up	8.06%
May 15	B	Weak or Absent	Up	Up	Up	8.13%
May 14	C	Weak or Absent	Up	Flat	Flat	8.87%
May 13	C	Weak or Absent	Up	Flat	Flat	8.88%
May 10	D	Weak or Absent	Up	Flat	Flat	9.25%
May 9	C	Weak or Absent	Up	Flat	Up	8.81%
May 8	C	Weak or Absent	Up	Flat	Flat	9.40%
May 7	A	Weak or Absent	Up	Up	Up	7.65%
May 6	C	Weak or Absent	Up	Flat	Up	9.10%