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
Sep 3	A	Weak or Absent	Up	Up	Flat	1.58%
Aug 30	A	Weak or Absent	Up	Up	Flat	2.02%
Aug 29	A	Weak or Absent	Up	Up	Flat	2.02%
Aug 28	A	Weak or Absent	Up	Up	Flat	1.86%
Aug 27	A	Weak or Absent	Up	Up	Flat	2.02%
Aug 26	A	Weak or Absent	Up	Up	Flat	2.02%
Aug 23	A	Weak or Absent	Up	Up	Flat	1.98%
Aug 22	A	Weak or Absent	Up	Up	Flat	1.94%
Aug 21	A	Weak or Absent	Up	Up	Flat	2.25%
Aug 20	A	Weak or Absent	Up	Up	Flat	2.26%