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
Sep 13	B	Weak or Absent	Flat	Down	Up	13.91%
Sep 12	D	Weak or Absent	Down	Down	Flat	14.97%
Sep 11	B	Weak or Absent	Flat	Down	Up	13.81%
Sep 8	C	Strong	Flat	Down	Flat	14.63%
Sep 7	D	Strong	Flat	Down	Flat	14.63%
Sep 6	D	Strong	Down	Down	Down	15.41%
Sep 5	D	Strong	Down	Down	Down	15.26%
Aug 31	D	Strong	Flat	Down	Down	14.77%
Aug 30	C	Strong	Flat	Down	Down	14.44%
Aug 29	C	Strong	Up	Down	Down	14.00%