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 4	B	Weak or Absent	Up	Up	Flat	5.32%
Jan 3	A	Weak or Absent	Up	Up	Flat	4.90%
Dec 28	B	Weak or Absent	Up	Up	Flat	4.90%
Dec 27	C	Weak or Absent	Up	Up	Flat	4.95%
Dec 26	C	Weak or Absent	Up	Up	Flat	5.20%
Dec 22	B	Weak or Absent	Up	Up	Flat	5.20%
Dec 21	B	Weak or Absent	Up	Up	Flat	5.49%
Dec 20	B	Weak or Absent	Up	Up	Flat	5.54%
Dec 19	B	Weak or Absent	Up	Up	Flat	5.37%
Dec 18	B	Weak or Absent	Up	Up	Flat	5.32%