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
Jan 31	D	Weak or Absent	Down	Down	Down	1.05%
Jan 30	C	Weak or Absent	Up	Flat	Flat	-1.83%
Jan 29	C	Weak or Absent	Up	Flat	Down	-1.82%
Jan 26	D	Weak or Absent	Up	Flat	Down	-0.98%
Jan 25	D	Weak or Absent	Flat	Flat	Down	-0.69%
Jan 24	C	Weak or Absent	Up	Flat	Down	-1.54%
Jan 23	C	Weak or Absent	Up	Up	Down	-2.38%
Jan 22	C	Weak or Absent	Up	Up	Down	-3.71%
Jan 19	C	Weak or Absent	Up	Up	Down	-1.82%
Jan 18	C	Strong	Up	Up	Down	-2.10%