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
Jan 30	B	Weak or Absent	Up	Up	Up	10.72%
Jan 29	B	Weak or Absent	Up	Up	Up	12.45%
Jan 26	B	Weak or Absent	Up	Up	Up	12.52%
Jan 25	B	Weak or Absent	Up	Up	Up	12.37%
Jan 24	B	Weak or Absent	Up	Up	Up	13.29%
Jan 23	B	Weak or Absent	Up	Up	Flat	15.10%
Jan 22	C	Weak or Absent	Up	Up	Flat	15.58%
Jan 19	D	Weak or Absent	Down	Down	Down	17.71%
Jan 18	D	Weak or Absent	Down	Down	Down	17.71%
Jan 17	C	Weak or Absent	Flat	Flat	Down	16.72%