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
Oct 11	D	Weak or Absent	Up	Up	Up	1.97%
Oct 10	D	Weak or Absent	Down	Flat	Up	3.41%
Oct 9	D	Weak or Absent	Down	Down	Up	3.71%
Oct 8	D	Weak or Absent	Down	Flat	Up	3.41%
Oct 7	F	Weak or Absent	Down	Down	Up	3.58%
Oct 4	F	Weak or Absent	Down	Down	Up	3.30%
Oct 3	D	Weak or Absent	Down	Down	Up	3.74%
Oct 2	F	Weak or Absent	Down	Down	Flat	4.40%
Oct 1	F	Weak or Absent	Down	Down	Flat	5.02%
Sep 30	F	Weak or Absent	Down	Down	Down	5.40%