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
Jan 18	B	Weak or Absent	Up	Flat	Flat	5.45%
Jan 17	B	Weak or Absent	Up	Up	Flat	5.24%
Jan 16	B	Weak or Absent	Up	Flat	Flat	5.41%
Jan 12	C	Weak or Absent	Up	Flat	Flat	5.45%
Jan 11	B	Weak or Absent	Up	Up	Flat	4.82%
Jan 10	C	Weak or Absent	Up	Flat	Flat	5.49%
Jan 9	C	Weak or Absent	Up	Up	Flat	5.48%
Jan 8	C	Weak or Absent	Up	Up	Flat	5.32%
Jan 5	B	Weak or Absent	Up	Up	Flat	5.28%
Jan 4	B	Weak or Absent	Up	Up	Flat	5.16%