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 2	B	Weak or Absent	Up	Up	Flat	-0.98%
Dec 29	C	Weak or Absent	Up	Up	Up	-2.79%
Dec 28	C	Weak or Absent	Up	Up	Flat	-0.12%
Dec 27	C	Weak or Absent	Up	Up	Up	-1.82%
Dec 26	C	Weak or Absent	Up	Up	Up	-0.41%
Dec 22	C	Weak or Absent	Up	Up	Up	-0.69%
Dec 21	C	Weak or Absent	Up	Up	Flat	-0.12%
Dec 20	C	Weak or Absent	Up	Up	Up	-0.98%
Dec 19	C	Weak or Absent	Up	Up	Up	-0.98%
Dec 18	F	Weak or Absent	Down	Down	Down	1.94%