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
Sep 1	C	Weak or Absent	Up	Down	Flat	11.27%
Aug 31	C	Weak or Absent	Up	Down	Flat	11.42%
Aug 30	C	Weak or Absent	Up	Down	Up	10.63%
Aug 29	C	Strong	Up	Down	Flat	11.27%
Aug 28	C	Strong	Up	Down	Down	12.29%
Aug 25	C	Strong	Up	Down	Down	12.14%
Aug 24	C	Strong	Up	Down	Down	12.80%
Aug 23	B	Strong	Up	Down	Down	10.84%
Aug 22	B	Strong	Up	Down	Down	11.20%
Aug 21	B	Strong	Up	Down	Down	10.99%