Trend Table for ARCC - Ares Capital Corporation - Closed End Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 3	A	Strong	Up	Up	Up	12.68%
Jan 2	A	Strong	Up	Up	Up	12.68%
Dec 29	A	Strong	Up	Up	Up	12.68%
Dec 28	A	Strong	Up	Up	Up	12.40%
Dec 27	A	Strong	Up	Up	Up	12.56%
Dec 26	B	Strong	Up	Up	Up	13.18%
Dec 22	B	Strong	Up	Up	Flat	14.22%
Dec 21	B	Strong	Up	Up	Flat	15.03%
Dec 20	C	Strong	Up	Up	Flat	15.44%
Dec 19	B	Strong	Up	Up	Up	14.45%