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
Aug 18	A	Strong	Up	Flat	Down	10.06%
Aug 17	A	Strong	Up	Flat	Down	10.00%
Aug 16	A	Strong	Up	Up	Down	8.75%
Aug 15	A	Strong	Up	Up	Flat	7.93%
Aug 14	B	Strong	Up	Up	Down	8.54%
Aug 11	B	Strong	Up	Up	Flat	7.72%
Aug 10	B	Strong	Up	Up	Flat	7.82%
Aug 9	B	Strong	Up	Up	Flat	7.92%
Aug 8	B	Strong	Up	Up	Flat	7.78%
Aug 7	B	Strong	Up	Up	Down	8.66%