Trend Table for RMM - RiverNorth Managed Duration Municipal Income Fund, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 9	C	Weak or Absent	Up	Flat	Up	9.36%
May 8	C	Weak or Absent	Up	Flat	Flat	9.95%
May 7	A	Weak or Absent	Up	Up	Up	8.19%
May 6	C	Weak or Absent	Up	Flat	Up	9.65%
May 3	C	Weak or Absent	Up	Down	Up	10.25%
May 2	C	Weak or Absent	Up	Down	Up	10.40%
May 1	B	Weak or Absent	Up	Down	Flat	11.00%
Apr 30	C	Weak or Absent	Up	Down	Down	11.69%
Apr 29	D	Weak or Absent	Up	Down	Down	11.54%
Apr 26	D	Weak or Absent	Up	Down	Flat	10.85%