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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 20	A	Weak or Absent	N/A	Up	Flat	7.35%
Feb 16	A	Weak or Absent	N/A	Up	Flat	7.56%
Feb 15	B	Weak or Absent	N/A	Up	Flat	7.78%
Feb 14	A	Weak or Absent	N/A	Up	Flat	7.78%
Feb 13	A	Weak or Absent	N/A	Up	Flat	7.31%
Feb 12	B	Weak or Absent	N/A	Up	Flat	7.78%
Feb 9	A	Weak or Absent	N/A	Up	Flat	7.48%
Feb 8	A	Weak or Absent	N/A	Up	Flat	7.39%
Feb 7	B	Weak or Absent	N/A	Up	Flat	7.73%
Feb 6	A	Weak or Absent	N/A	Up	Flat	7.56%