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
Dec 29	B	Weak or Absent	Up	Up	Up	6.47%
Dec 28	B	Weak or Absent	Up	Up	Up	6.89%
Dec 27	A	Weak or Absent	Up	Up	Up	7.54%
Dec 26	A	Weak or Absent	Up	Up	Up	7.75%
Dec 22	A	Weak or Absent	Up	Up	Up	7.97%
Dec 21	B	Weak or Absent	Up	Up	Up	9.06%
Dec 20	A	Weak or Absent	Up	Up	Up	9.96%
Dec 19	D	Weak or Absent	Up	Up	Down	12.20%
Dec 18	B	Weak or Absent	Up	Up	Up	10.13%
Dec 15	B	Weak or Absent	Up	Up	Up	9.82%