Trend Table for ICMB - Investcorp Credit Management BDC, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 6	F	Weak or Absent	Down	Down	Down	-0.67%
Nov 5	D	Weak or Absent	Down	Down	Flat	-2.32%
Nov 4	F	Weak or Absent	Down	Down	Down	0.68%
Nov 1	F	Weak or Absent	Down	Down	Down	-0.34%
Oct 31	F	Weak or Absent	Down	Down	Down	-1.34%
Oct 30	D	Weak or Absent	Down	Down	Down	-1.67%
Oct 29	D	Weak or Absent	Down	Down	Down	-1.67%
Oct 28	D	Weak or Absent	Down	Down	Down	-2.96%
Oct 25	D	Weak or Absent	Down	Down	Down	-2.96%
Oct 24	D	Weak or Absent	Flat	Flat	Down	-4.21%