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 28	C	Weak or Absent	Up	Flat	Down	4.70%
May 24	C	Weak or Absent	Up	Flat	Down	4.76%
May 23	C	Weak or Absent	Up	Flat	Down	4.96%
May 22	B	Weak or Absent	Up	Up	Flat	3.53%
May 21	A	Weak or Absent	Up	Up	Up	1.85%
May 20	A	Weak or Absent	Up	Up	Up	2.13%
May 17	B	Weak or Absent	Up	Up	Flat	3.21%
May 16	B	Weak or Absent	Up	Up	Flat	3.66%
May 15	B	Weak or Absent	Up	Up	Up	3.40%
May 14	A	Weak or Absent	Up	Up	Flat	3.92%