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
Dec 15	C	Strong	Up	Up	Flat	15.37%
Dec 14	C	Strong	Up	Up	Up	14.26%
Dec 13	C	Strong	Up	Up	Flat	15.38%
Dec 12	C	Strong	Up	Up	Flat	16.01%
Dec 11	D	Strong	Flat	Up	Flat	16.66%
Dec 8	B	Strong	Up	Up	Flat	15.93%
Dec 7	B	Strong	Up	Up	Up	15.38%
Dec 6	B	Strong	Up	Up	Flat	16.01%
Dec 5	B	Strong	Up	Up	Up	14.75%
Dec 4	B	Strong	Up	Up	Up	14.20%