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
Oct 18	B	Weak or Absent	N/A	Up	Flat	0.28%
Oct 17	B	Weak or Absent	N/A	Up	Flat	0.04%
Oct 16	B	Weak or Absent	N/A	Up	Flat	-0.36%
Oct 15	B	Weak or Absent	N/A	Up	Down	0.36%
Oct 14	B	Weak or Absent	N/A	Up	Down	0.36%
Oct 9	B	Strong	N/A	Up	Down	0.24%
Oct 7	A	Strong	N/A	Up	Flat	-0.51%
Oct 4	B	Strong	N/A	Up	Down	0.12%
Oct 3	B	Strong	N/A	Up	Down	0.12%
Oct 1	A	Strong	N/A	Up	Flat	-0.97%