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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	C	Weak or Absent	Up	Flat	Flat	8.23%
Jul 31	B	Weak or Absent	Up	Flat	Flat	7.66%
Jul 30	A	Weak or Absent	Up	Up	Up	5.94%
Jul 29	B	Weak or Absent	Up	Flat	Flat	7.91%
Jul 26	A	Weak or Absent	Up	Flat	Flat	7.61%
Jul 25	C	Weak or Absent	Up	Down	Down	8.54%
Jul 24	C	Weak or Absent	Up	Down	Down	8.59%
Jul 23	D	Weak or Absent	Up	Flat	Down	8.02%
Jul 22	B	Weak or Absent	Up	Up	Flat	7.45%
Jul 19	D	Weak or Absent	Up	Down	Down	8.85%