Trend Table for GECC - Great Elm Capital Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	D	Weak or Absent	Up	Down	Flat	5.98%
May 17	D	Weak or Absent	Up	Down	Up	5.50%
May 16	D	Weak or Absent	Up	Down	Up	5.16%
May 15	D	Weak or Absent	Up	Down	Up	5.26%
May 14	D	Weak or Absent	Up	Down	Flat	5.89%
May 13	D	Weak or Absent	Up	Flat	Up	4.68%
May 10	D	Weak or Absent	Up	Down	Up	5.88%
May 9	D	Weak or Absent	Up	Down	Flat	6.09%
May 8	D	Weak or Absent	Up	Down	Down	7.13%
May 7	D	Weak or Absent	Up	Down	Down	7.66%