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 4	A	Very Strong	Up	Up	Flat	12.82%
May 3	A	Very Strong	Up	Up	Flat	13.10%
May 2	A	Very Strong	Up	Up	Flat	13.05%
May 1	A	Very Strong	Up	Flat	Flat	13.33%
Apr 28	A	Very Strong	Up	Up	Flat	13.05%
Apr 27	A	Very Strong	Up	Up	Flat	12.78%
Apr 26	A	Very Strong	Up	Flat	Flat	13.38%
Apr 25	A	Very Strong	Up	Flat	Flat	13.47%
Apr 24	B	Very Strong	Up	Flat	Flat	13.47%
Apr 21	A	Very Strong	Up	Up	Flat	13.15%