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
Jul 14	A	Strong	Up	Up	Up	10.08%
Jul 13	A	Strong	Up	Up	Up	10.08%
Jul 12	A	Weak or Absent	Up	Up	Up	11.32%
Jul 11	A	Weak or Absent	Up	Up	Flat	12.14%
Jul 10	B	Weak or Absent	Up	Up	Flat	13.18%
Jul 7	B	Weak or Absent	Up	Up	Flat	12.95%
Jul 6	B	Weak or Absent	Up	Up	Down	13.39%
Jul 5	A	Weak or Absent	Up	Up	Up	11.68%
Jul 3	B	Weak or Absent	Up	Up	Up	12.41%
Jun 30	A	Weak or Absent	Up	Up	Up	11.32%