Trend Table for GECCM - Great Elm Capital Corp. - 6.75% Notes Due 2025

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	C	Strong	Up	Flat	Flat	3.03%
May 13	A	Strong	Up	Up	Flat	2.38%
May 10	A	Strong	Up	Flat	Flat	2.83%
May 9	A	Strong	Up	Up	Flat	2.71%
May 8	A	Strong	Up	Up	Flat	2.54%
May 7	B	Strong	Up	Flat	Flat	3.16%
May 6	C	Strong	Up	Flat	Flat	3.42%
May 3	A	Strong	Up	Up	Flat	2.74%
May 2	A	Strong	Up	Up	Flat	2.75%
May 1	A	Strong	Up	Flat	Flat	3.07%