Trend Table for GECCZ - Great Elm Capital Corp. - 8.75% Notes due 2028

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 1	A	Strong	Up	Up	Flat	0.00%
Sep 30	A	Strong	Up	Up	Flat	0.00%
Sep 27	A	Strong	Up	Up	Flat	0.30%
Sep 26	A	Strong	Up	Up	Flat	0.35%
Sep 25	A	Strong	Up	Up	Flat	0.12%
Sep 24	A	Strong	Up	Up	Up	0.04%
Sep 23	A	Strong	Up	Up	Flat	0.28%
Sep 20	A	Strong	Up	Up	Up	0.18%
Sep 19	B	Strong	Up	Up	Flat	0.63%
Sep 18	A	Strong	Up	Up	Flat	0.59%