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 12	B	Strong	Up	Up	Flat	11.94%
Dec 11	B	Strong	Up	Up	Up	11.79%
Dec 8	B	Strong	Up	Up	Flat	12.53%
Dec 7	B	Strong	Up	Up	Up	9.83%
Dec 6	B	Strong	Up	Up	Up	12.84%
Dec 5	B	Strong	Up	Up	Up	11.72%
Dec 4	B	Strong	Up	Up	Up	11.57%
Nov 30	B	Strong	Up	Up	Up	14.13%
Nov 29	B	Strong	Up	Up	Up	13.87%
Nov 28	B	Strong	Up	Up	Up	14.59%