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 19	C	Weak or Absent	Down	Up	Up	-0.33%
Jan 18	F	Weak or Absent	Down	Down	Flat	3.64%
Jan 17	D	Weak or Absent	Down	Up	Up	1.43%
Jan 13	F	Weak or Absent	Down	Down	Flat	4.74%
Jan 12	D	Weak or Absent	Down	Up	Up	-2.32%
Jan 11	D	Weak or Absent	Down	Up	Up	2.55%
Jan 10	D	Weak or Absent	Down	Down	Up	5.59%
Jan 9	D	Weak or Absent	Down	Down	Up	5.31%
Jan 6	C	Weak or Absent	Down	Flat	Up	2.95%
Jan 5	D	Weak or Absent	Down	Down	Up	5.59%