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
Jul 22	A	Weak or Absent	Up	Up	Flat	3.01%
Jul 19	A	Weak or Absent	Up	Up	Flat	2.89%
Jul 18	A	Weak or Absent	Up	Up	Up	2.44%
Jul 17	A	Weak or Absent	Up	Up	Flat	2.76%
Jul 16	A	Weak or Absent	Up	Up	Flat	2.76%
Jul 15	A	Weak or Absent	Up	Up	Flat	3.05%
Jul 12	B	Weak or Absent	Up	Up	Flat	3.41%
Jul 11	A	Weak or Absent	Up	Up	Flat	3.25%
Jul 10	A	Weak or Absent	Up	Up	Flat	3.46%
Jul 9	A	Weak or Absent	Up	Up	Flat	3.09%