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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 1	A	Strong	Up	Up	Up	6.23%
Feb 29	B	Strong	Up	Up	Flat	7.51%
Feb 28	A	Strong	Up	Up	Flat	7.58%
Feb 27	C	Strong	Up	Up	Down	8.79%
Feb 26	C	Strong	Up	Up	Down	8.89%
Feb 23	B	Strong	Up	Up	Flat	7.99%
Feb 22	B	Strong	Up	Up	Flat	8.05%
Feb 21	A	Strong	Up	Up	Flat	8.12%
Feb 20	A	Strong	Up	Up	Flat	7.99%
Feb 16	A	Weak or Absent	Up	Up	Up	7.68%