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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 22	C	Weak or Absent	Down	Down	Down	18.47%
Sep 21	C	Weak or Absent	Down	Down	Down	18.23%
Sep 20	D	Weak or Absent	Down	Down	Down	17.52%
Sep 19	D	Weak or Absent	Down	Down	Down	17.76%
Sep 18	D	Weak or Absent	Down	Down	Down	17.05%
Sep 15	C	Weak or Absent	Up	Down	Down	15.05%
Sep 14	C	Weak or Absent	Up	Down	Down	15.28%
Sep 13	C	Weak or Absent	Up	Down	Flat	14.52%
Sep 12	C	Weak or Absent	Up	Down	Flat	14.44%
Sep 11	B	Weak or Absent	Up	Down	Flat	13.78%