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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	B	Strong	Up	Up	Up	18.40%
Dec 22	B	Strong	Up	Up	Flat	19.48%
Dec 21	B	Strong	Up	Up	Flat	20.33%
Dec 20	C	Strong	Up	Up	Flat	20.76%
Dec 19	B	Strong	Up	Up	Up	19.72%
Dec 18	B	Strong	Up	Up	Up	19.54%
Dec 15	B	Strong	Up	Up	Flat	20.58%
Dec 14	B	Strong	Up	Up	Up	19.60%
Dec 13	A	Strong	Up	Up	Up	19.66%
Dec 12	A	Weak or Absent	Up	Up	Up	20.20%