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 23	C	Weak or Absent	Up	Down	Down	10.77%
May 22	C	Weak or Absent	Up	Flat	Flat	9.20%
May 21	C	Weak or Absent	Up	Flat	Flat	9.34%
May 20	B	Weak or Absent	Up	Up	Flat	9.05%
May 17	B	Weak or Absent	Up	Up	Up	8.24%
May 16	B	Weak or Absent	Up	Up	Up	8.61%
May 15	B	Weak or Absent	Up	Up	Up	8.68%
May 14	C	Weak or Absent	Up	Flat	Flat	9.42%
May 13	C	Weak or Absent	Up	Flat	Flat	9.43%
May 10	D	Weak or Absent	Up	Flat	Flat	9.80%