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
Mar 14	F	Weak or Absent	Down	Down	Down	14.56%
Mar 13	D	Weak or Absent	Down	Down	Up	1.65%
Mar 12	D	Weak or Absent	Down	Down	Up	0.75%
Mar 11	D	Weak or Absent	Down	Flat	Up	-0.69%
Mar 8	F	Weak or Absent	Down	Down	Flat	3.47%
Mar 7	F	Weak or Absent	Down	Down	Down	3.78%
Mar 6	F	Weak or Absent	Down	Down	Flat	3.16%
Mar 5	F	Weak or Absent	Down	Down	Flat	3.16%
Mar 4	F	Weak or Absent	Down	Down	Down	4.09%
Mar 1	D	Weak or Absent	Down	Down	Up	1.94%