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 17	B	Strong	Up	Up	Flat	-5.06%
Jan 16	C	Strong	Up	Up	Down	-3.47%
Jan 12	B	Strong	Up	Up	Up	-6.34%
Jan 11	B	Strong	Up	Up	Up	-6.34%
Jan 10	B	Strong	Up	Up	Up	-4.80%
Jan 9	B	Strong	Up	Up	Up	-5.32%
Jan 8	B	Weak or Absent	Up	Up	Up	-7.35%
Jan 5	B	Weak or Absent	Up	Up	Up	-5.83%
Jan 4	B	Weak or Absent	Up	Up	Up	-4.00%
Jan 3	C	Weak or Absent	Up	Up	Down	-0.12%