Trend Table for GECCH - Great Elm Capital Corp. - 8.125% Notes Due 2029

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 5	C	Very Strong	N/A	N/A	Flat	0.32%
Nov 4	B	Weak or Absent	N/A	N/A	Flat	0.41%
Nov 1	B	Weak or Absent	N/A	N/A	Flat	0.32%
Oct 31	B	Weak or Absent	N/A	N/A	Flat	0.32%
Oct 30	C	Weak or Absent	N/A	N/A	Flat	0.52%
Oct 29	C	Weak or Absent	N/A	N/A	Flat	0.52%
Oct 28	D	Weak or Absent	N/A	N/A	Flat	1.04%
Oct 25	C	Weak or Absent	N/A	N/A	Flat	0.64%
Oct 24	C	Weak or Absent	N/A	N/A	Flat	0.80%
Oct 23	C	Weak or Absent	N/A	N/A	Flat	0.77%