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
May 31	C	Weak or Absent	N/A	N/A	Flat	4.29%
May 30	D	Weak or Absent	N/A	N/A	Flat	4.46%
May 28	C	Weak or Absent	N/A	N/A	Flat	4.04%
May 24	C	Weak or Absent	N/A	N/A	Flat	4.17%
May 23	C	Weak or Absent	N/A	N/A	Flat	4.29%
May 22	C	Weak or Absent	N/A	N/A	Up	4.17%
May 21	C	Weak or Absent	N/A	N/A	Up	4.17%
May 20	C	Weak or Absent	N/A	N/A	Flat	4.67%
May 17	C	Weak or Absent	N/A	N/A	Flat	4.67%
May 16	C	Weak or Absent	N/A	N/A	Flat	4.75%