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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	C	Weak or Absent	Down	Flat	Flat	19.42%
May 30	C	Weak or Absent	Down	Flat	Flat	18.83%
May 26	D	Weak or Absent	Down	Flat	Flat	19.66%
May 25	C	Weak or Absent	Down	Down	Down	21.11%
May 24	C	Weak or Absent	Down	Down	Down	21.03%
May 23	C	Weak or Absent	Down	Down	Down	19.86%
May 22	C	Weak or Absent	Down	Flat	Down	19.10%
May 19	C	Weak or Absent	Down	Flat	Down	18.87%
May 18	C	Weak or Absent	Down	Up	Down	18.52%
May 17	C	Weak or Absent	Flat	Up	Flat	18.01%