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
Mar 21	A	Weak or Absent	N/A	Up	Flat	5.76%
Mar 20	A	Weak or Absent	N/A	Up	Up	5.89%
Mar 19	A	Weak or Absent	N/A	Up	Up	5.73%
Mar 18	A	Weak or Absent	N/A	Up	Up	5.89%
Mar 15	A	Weak or Absent	N/A	Up	Up	5.97%
Mar 14	A	Weak or Absent	N/A	Up	Up	6.01%
Mar 13	A	Weak or Absent	N/A	Up	Up	6.51%
Mar 12	A	Weak or Absent	N/A	Flat	Flat	6.68%
Mar 11	A	Strong	N/A	Flat	Flat	6.93%
Mar 8	C	Strong	N/A	Flat	Flat	7.40%