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 26	C	Weak or Absent	Flat	Down	Down	16.24%
May 25	C	Weak or Absent	Up	Down	Down	15.62%
May 24	C	Weak or Absent	Down	Down	Down	17.42%
May 23	C	Weak or Absent	Up	Down	Down	15.09%
May 22	C	Weak or Absent	Up	Down	Down	14.71%
May 19	C	Weak or Absent	Up	Flat	Down	14.63%
May 18	C	Weak or Absent	Up	Down	Down	14.71%
May 17	B	Weak or Absent	Up	Flat	Down	13.54%
May 16	B	Weak or Absent	Up	Up	Down	12.76%
May 15	B	Weak or Absent	Up	Up	Down	12.62%