Trend Table for CICB - CION Investment Corporation 7.50% Notes due 2029

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 12	F	Weak or Absent	N/A	N/A	Flat	-0.20%
Nov 11	F	Weak or Absent	N/A	N/A	Flat	-0.35%
Nov 8	F	Weak or Absent	N/A	N/A	Flat	-0.55%
Nov 7	F	Weak or Absent	N/A	N/A	Down	-0.08%
Nov 6	F	Weak or Absent	N/A	N/A	Down	-0.18%
Nov 5	D	Weak or Absent	N/A	N/A	Flat	-0.94%
Nov 4	D	Weak or Absent	N/A	N/A	Down	-0.82%
Nov 1	F	Weak or Absent	N/A	N/A	Down	-0.75%
Oct 31	D	Weak or Absent	N/A	N/A	Flat	-1.33%
Oct 30	C	Weak or Absent	N/A	N/A	Flat	-1.44%