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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 13	C	Strong	Down	Up	Up	18.69%
Nov 10	C	Strong	Down	Up	Up	18.53%
Nov 9	C	Strong	Down	Down	Up	20.50%
Nov 8	C	Strong	Down	Flat	Up	19.86%
Nov 7	D	Strong	Down	Flat	Up	19.78%
Nov 6	D	Strong	Down	Down	Up	22.63%
Nov 3	D	Strong	Down	Down	Up	21.23%
Nov 2	C	Strong	Down	Down	Up	24.33%
Nov 1	D	Strong	Down	Down	Up	26.55%
Oct 31	F	Strong	Down	Down	Down	29.84%