Trend Table for HCXY - Hercules Capital, Inc. 6.25% Notes due 2033

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 1	A	Strong	Up	Up	Flat	0.00%
Sep 30	A	Strong	Up	Up	Up	-0.12%
Sep 27	B	Strong	Up	Up	Flat	0.35%
Sep 26	B	Strong	Up	Up	Flat	0.39%
Sep 25	A	Strong	Up	Up	Flat	0.39%
Sep 24	B	Strong	Up	Up	Flat	0.39%
Sep 23	B	Strong	Up	Up	Flat	0.87%
Sep 20	B	Weak or Absent	Up	Up	Flat	0.71%
Sep 19	B	Weak or Absent	Up	Up	Flat	0.67%
Sep 18	B	Weak or Absent	Up	Up	Down	1.03%