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 12	D	Weak or Absent	Down	Down	Down	0.70%
Sep 11	D	Weak or Absent	Down	Down	Down	1.36%
Sep 10	D	Weak or Absent	Down	Down	Down	0.53%
Sep 9	D	Weak or Absent	Down	Down	Down	0.53%
Sep 6	D	Weak or Absent	Down	Down	Down	-0.28%
Sep 5	D	Weak or Absent	Down	Down	Down	-1.39%
Sep 4	D	Weak or Absent	Down	Down	Down	-1.23%
Sep 3	D	Weak or Absent	Up	Down	Flat	-4.88%
Aug 30	F	Weak or Absent	Down	Down	Down	-3.09%
Aug 29	F	Weak or Absent	Down	Down	Down	-3.40%