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
Apr 30	A	Strong	Up	Up	Up	4.48%
Apr 29	A	Very Strong	Up	Up	Up	4.48%
Apr 26	A	Very Strong	Up	Flat	Flat	6.03%
Apr 25	A	Very Strong	Up	Up	Up	5.63%
Apr 24	A	Very Strong	Up	Up	Up	5.54%
Apr 23	B	Very Strong	Up	Flat	Flat	6.27%
Apr 18	B	Very Strong	Up	Flat	Flat	6.27%
Apr 17	C	Very Strong	Up	Flat	Flat	6.36%
Apr 16	C	Very Strong	Up	Flat	Flat	6.31%
Apr 15	C	Very Strong	Up	Flat	Flat	6.31%