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 14	B	Weak or Absent	Up	Up	Up	8.88%
Dec 13	B	Weak or Absent	Up	Up	Flat	10.46%
Dec 12	C	Weak or Absent	Up	Up	Flat	11.39%
Dec 11	C	Weak or Absent	Up	Up	Down	11.48%
Dec 8	C	Weak or Absent	Up	Flat	Down	12.05%
Dec 7	C	Weak or Absent	Up	Up	Flat	11.01%
Dec 6	C	Weak or Absent	Up	Up	Flat	10.92%
Dec 5	B	Weak or Absent	Up	Up	Flat	10.31%
Dec 4	B	Weak or Absent	Up	Up	Flat	10.24%
Nov 28	A	Strong	Up	Up	Up	8.71%