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
May 17	B	Weak or Absent	N/A	Flat	Flat	5.01%
May 16	A	Weak or Absent	N/A	Up	Up	3.92%
May 15	B	Weak or Absent	N/A	Up	Flat	4.91%
May 14	A	Weak or Absent	N/A	Up	Up	4.10%
May 13	A	Weak or Absent	N/A	Up	Up	4.55%
May 10	A	Weak or Absent	N/A	Up	Flat	4.84%
May 9	A	Weak or Absent	N/A	Flat	Flat	5.21%
May 8	A	Weak or Absent	N/A	Up	Flat	5.09%
May 7	A	Weak or Absent	N/A	Up	Flat	5.09%
May 6	A	Weak or Absent	N/A	Up	Flat	4.92%