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
Oct 2	C	Strong	Down	Down	Down	18.85%
Sep 29	C	Strong	Down	Down	Down	19.76%
Sep 28	C	Strong	Down	Down	Down	19.51%
Sep 27	C	Strong	Down	Down	Down	20.69%
Sep 26	C	Strong	Down	Down	Down	18.77%
Sep 25	C	Weak or Absent	Down	Down	Down	16.27%
Sep 22	C	Weak or Absent	Down	Down	Down	15.64%
Sep 21	C	Weak or Absent	Down	Down	Down	15.40%
Sep 20	D	Weak or Absent	Down	Down	Down	14.71%
Sep 19	D	Weak or Absent	Down	Down	Down	14.94%