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 2	C	Strong	Flat	Up	Flat	16.49%
Dec 29	D	Strong	Down	Up	Down	17.89%
Dec 28	D	Strong	Down	Up	Down	17.56%
Dec 27	D	Strong	Flat	Up	Down	16.41%
Dec 26	D	Strong	Flat	Up	Down	16.49%
Dec 22	D	Strong	Up	Up	Flat	15.93%
Dec 21	D	Strong	Flat	Up	Down	16.41%
Dec 20	C	Strong	Up	Up	Flat	15.69%
Dec 19	D	Strong	Up	Up	Flat	15.69%
Dec 18	C	Strong	Up	Up	Flat	15.61%