Trend Table for GECCO - Great Elm Capital Corp. - 5.875% Notes due 2026

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 22	B	Weak or Absent	Up	Up	Up	5.60%
Dec 21	A	Weak or Absent	Up	Up	Up	5.05%
Dec 20	A	Weak or Absent	Up	Up	Up	5.52%
Dec 19	A	Weak or Absent	Up	Up	Up	5.82%
Dec 18	A	Weak or Absent	Up	Up	Up	6.34%
Dec 15	A	Weak or Absent	Up	Up	Up	6.91%
Dec 14	A	Weak or Absent	Up	Up	Up	6.91%
Dec 13	B	Weak or Absent	Up	Up	Up	7.32%
Dec 12	A	Weak or Absent	Up	Up	Up	7.16%
Dec 11	D	Weak or Absent	Up	Flat	Flat	8.92%