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
Sep 11	A	Strong	N/A	Up	Flat	0.87%
Sep 10	A	Strong	N/A	Up	Flat	1.07%
Sep 9	A	Strong	N/A	Up	Flat	0.67%
Sep 6	A	Strong	N/A	Up	Flat	1.27%
Sep 5	A	Strong	N/A	Up	Flat	1.27%
Sep 4	A	Strong	N/A	Up	Flat	1.27%
Aug 30	B	Strong	N/A	Up	Flat	1.27%
Aug 28	A	Strong	N/A	Up	Flat	1.19%
Aug 27	B	Weak or Absent	N/A	Up	Flat	1.19%
Aug 26	B	Weak or Absent	N/A	Up	Flat	1.27%