Trend Table for GECCI - Great Elm Capital Corp. - 8.50% NOTES DUE 2029

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 22	C	Weak or Absent	N/A	Flat	Flat	0.00%
Nov 20	A	Weak or Absent	N/A	Up	Flat	-0.59%
Nov 19	A	Weak or Absent	N/A	Up	Flat	-0.64%
Nov 18	A	Weak or Absent	N/A	Up	Flat	-0.63%
Nov 15	A	Weak or Absent	N/A	Up	Flat	-0.63%
Nov 14	A	Weak or Absent	N/A	Flat	Flat	-0.20%
Nov 13	A	Weak or Absent	N/A	Flat	Flat	-0.20%
Nov 11	B	Weak or Absent	N/A	Up	Flat	-0.36%
Nov 7	B	Weak or Absent	N/A	Up	Flat	-0.36%
Nov 6	B	Weak or Absent	N/A	Up	Flat	-0.36%