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 20	A	Weak or Absent	Up	Up	Up	-0.37%
May 17	B	Weak or Absent	Up	Up	Flat	0.68%
May 16	B	Weak or Absent	Up	Up	Flat	1.11%
May 15	B	Weak or Absent	Up	Up	Up	0.86%
May 14	A	Weak or Absent	Up	Up	Flat	1.36%
May 13	A	Weak or Absent	Up	Up	Up	1.15%
May 10	A	Weak or Absent	Up	Up	Up	1.21%
May 9	A	Weak or Absent	Up	Up	Up	0.59%
May 8	A	Weak or Absent	Up	Up	Up	0.77%
May 7	A	Weak or Absent	Up	Up	Up	0.77%