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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 18	B	Strong	Up	Up	Down	12.36%
Jan 17	B	Strong	Up	Up	Down	11.87%
Jan 16	A	Strong	Up	Up	Flat	10.04%
Jan 12	B	Strong	Up	Up	Flat	9.90%
Jan 11	A	Strong	Up	Up	Up	8.82%
Jan 10	A	Strong	Up	Up	Up	8.27%
Jan 9	A	Strong	Up	Up	Up	8.20%
Jan 8	A	Strong	Up	Up	Up	9.03%
Jan 5	A	Strong	Up	Up	Up	9.44%
Jan 4	A	Strong	Up	Up	Up	9.79%