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
Aug 28	C	Strong	Up	Down	Down	14.00%
Aug 25	C	Strong	Up	Down	Flat	13.24%
Aug 24	B	Strong	Up	Flat	Flat	12.45%
Aug 23	C	Strong	Up	Down	Down	13.80%
Aug 22	C	Weak or Absent	Up	Down	Down	14.00%
Aug 21	B	Weak or Absent	Up	Down	Down	13.96%
Aug 18	B	Weak or Absent	Up	Flat	Down	12.88%
Aug 17	A	Weak or Absent	Up	Flat	Down	12.35%
Aug 16	B	Weak or Absent	Up	Flat	Down	12.63%
Aug 15	A	Weak or Absent	Up	Up	Flat	11.02%