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
Feb 13	B	Weak or Absent	Up	Up	Flat	5.77%
Feb 12	C	Weak or Absent	Up	Up	Flat	5.73%
Feb 9	C	Weak or Absent	Up	Up	Flat	5.73%
Feb 8	C	Weak or Absent	Up	Up	Down	6.54%
Feb 7	A	Weak or Absent	Up	Up	Flat	5.27%
Feb 6	A	Weak or Absent	Up	Up	Up	4.60%
Feb 5	A	Weak or Absent	Up	Up	Up	4.36%
Feb 2	A	Weak or Absent	Up	Up	Up	4.46%
Feb 1	B	Weak or Absent	Up	Up	Flat	5.81%
Jan 31	A	Weak or Absent	Up	Up	Flat	5.90%