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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 1	A	Strong	Up	Up	Up	8.92%
Jan 31	A	Strong	Up	Up	Up	9.97%
Jan 30	B	Strong	Up	Up	Up	10.47%
Jan 29	B	Strong	Up	Up	Up	10.83%
Jan 26	C	Strong	Up	Up	Flat	12.06%
Jan 25	C	Strong	Up	Up	Flat	11.48%
Jan 24	C	Strong	Up	Up	Down	12.14%
Jan 23	C	Strong	Up	Up	Down	11.99%
Jan 22	C	Strong	Up	Up	Down	12.28%
Jan 19	C	Strong	Up	Up	Down	12.65%