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 13	B	Strong	Flat	Down	Flat	14.22%
Oct 12	C	Strong	Down	Down	Flat	14.71%
Oct 11	D	Strong	Down	Down	Down	15.65%
Oct 10	D	Strong	Down	Down	Down	15.16%
Oct 9	C	Strong	Down	Down	Down	15.65%
Oct 6	C	Weak or Absent	Down	Down	Down	16.40%
Oct 5	C	Weak or Absent	Flat	Down	Down	14.44%
Oct 4	B	Weak or Absent	Flat	Down	Down	13.91%
Oct 3	B	Weak or Absent	Down	Down	Down	14.73%
Oct 2	B	Weak or Absent	Up	Down	Flat	13.01%