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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	C	Weak or Absent	Up	Flat	Flat	17.40%
Feb 22	C	Weak or Absent	Up	Flat	Flat	17.40%
Feb 21	C	Weak or Absent	Up	Flat	Down	17.87%
Feb 20	B	Weak or Absent	Up	Flat	Flat	17.40%
Feb 16	B	Weak or Absent	Up	Flat	Flat	17.17%
Feb 15	B	Weak or Absent	Up	Up	Flat	17.05%
Feb 14	A	Weak or Absent	Up	Up	Up	16.65%
Feb 13	A	Weak or Absent	Up	Up	Up	16.76%
Feb 12	B	Weak or Absent	Up	Up	Flat	16.93%
Feb 9	C	Weak or Absent	Up	Flat	Down	17.63%