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
Aug 6	A	Weak or Absent	Up	Up	Flat	2.72%
Aug 5	A	Weak or Absent	Up	Up	Flat	3.14%
Aug 2	A	Weak or Absent	Up	Up	Flat	2.80%
Aug 1	A	Weak or Absent	Up	Up	Flat	2.92%
Jul 30	B	Weak or Absent	Up	Up	Flat	3.21%
Jul 29	A	Weak or Absent	Up	Up	Flat	3.25%
Jul 26	B	Weak or Absent	Up	Up	Flat	3.17%
Jul 25	A	Weak or Absent	Up	Up	Flat	2.97%
Jul 24	A	Weak or Absent	Up	Up	Flat	2.92%
Jul 23	A	Weak or Absent	Up	Up	Flat	2.80%