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
Sep 27	F	Weak or Absent	Down	Down	Down	5.40%
Sep 26	F	Weak or Absent	Down	Down	Down	4.89%
Sep 25	F	Weak or Absent	Down	Down	Flat	4.73%
Sep 24	D	Weak or Absent	Down	Down	Flat	4.40%
Sep 23	D	Weak or Absent	Down	Down	Flat	4.73%
Sep 20	D	Weak or Absent	Down	Down	Up	3.74%
Sep 19	D	Weak or Absent	Down	Down	Up	4.06%
Sep 18	D	Weak or Absent	Down	Down	Up	4.06%
Sep 17	C	Weak or Absent	Up	Up	Up	0.42%
Sep 16	D	Weak or Absent	Down	Down	Up	4.40%