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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 4	B	Strong	Up	Up	Up	14.23%
Dec 1	B	Strong	Up	Up	Up	14.99%
Nov 30	B	Strong	Up	Up	Up	16.85%
Nov 29	B	Strong	Up	Up	Up	16.59%
Nov 28	B	Strong	Up	Up	Up	17.33%
Nov 27	B	Strong	Up	Up	Up	17.33%
Nov 24	B	Strong	Up	Up	Up	17.33%
Nov 22	B	Strong	Flat	Up	Up	17.41%
Nov 21	C	Strong	Flat	Up	Up	17.97%
Nov 20	C	Strong	Flat	Up	Up	18.06%