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 12	B	Weak or Absent	Up	Up	Down	12.11%
May 11	B	Weak or Absent	Up	Up	Down	12.04%
May 10	B	Weak or Absent	Up	Up	Flat	10.90%
May 9	A	Weak or Absent	Up	Up	Up	9.37%
May 8	A	Weak or Absent	Up	Up	Up	9.23%
May 5	A	Weak or Absent	Up	Up	Up	10.55%
May 4	A	Weak or Absent	Up	Up	Up	9.64%
May 3	A	Weak or Absent	Up	Up	Up	11.19%
May 2	A	Weak or Absent	Up	Up	Up	12.48%
May 1	A	Weak or Absent	Up	Up	Up	11.68%