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
Feb 2	D	Weak or Absent	Down	Up	Up	-2.08%
Feb 1	D	Weak or Absent	Down	Up	Down	0.69%
Jan 31	D	Weak or Absent	Down	Up	Up	-0.58%
Jan 30	C	Weak or Absent	Down	Up	Up	-1.09%
Jan 27	D	Weak or Absent	Down	Up	Flat	1.22%
Jan 26	C	Weak or Absent	Down	Up	Up	-0.87%
Jan 25	C	Weak or Absent	Down	Up	Flat	0.69%
Jan 24	D	Weak or Absent	Down	Up	Flat	1.48%
Jan 23	C	Weak or Absent	Down	Up	Up	-1.09%
Jan 20	C	Weak or Absent	Down	Up	Up	-1.96%