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
May 31	B	Weak or Absent	Flat	Flat	Flat	16.08%
May 30	B	Weak or Absent	Flat	Up	Up	15.78%
May 26	C	Weak or Absent	Flat	Flat	Flat	16.26%
May 25	D	Weak or Absent	Flat	Flat	Flat	16.75%
May 24	C	Weak or Absent	Down	Flat	Flat	16.97%
May 23	C	Weak or Absent	Down	Flat	Down	17.05%
May 22	C	Weak or Absent	Down	Flat	Down	17.14%
May 19	C	Weak or Absent	Down	Flat	Down	17.00%
May 18	C	Weak or Absent	Flat	Flat	Flat	16.62%
May 17	A	Weak or Absent	Flat	Up	Up	15.78%