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 12	D	Weak or Absent	Up	Flat	Flat	4.71%
Jul 11	D	Weak or Absent	Up	Flat	Flat	4.75%
Jul 10	D	Weak or Absent	Up	Down	Flat	4.88%
Jul 9	C	Strong	Up	Flat	Flat	4.45%
Jul 8	C	Strong	Up	Flat	Flat	4.60%
Jul 5	C	Strong	Up	Flat	Flat	4.42%
Jul 3	C	Strong	Up	Flat	Flat	4.75%
Jul 2	C	Strong	Up	Flat	Flat	4.33%
Jul 1	C	Strong	Up	Flat	Up	4.25%
Jun 28	C	Strong	Up	Flat	Flat	4.46%