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 13	D	Weak or Absent	Down	Down	Up	5.06%
Sep 12	D	Weak or Absent	Down	Down	Down	7.45%
Sep 11	D	Weak or Absent	Down	Down	Down	8.16%
Sep 10	D	Weak or Absent	Down	Down	Down	7.28%
Sep 9	D	Weak or Absent	Down	Down	Down	7.28%
Sep 6	D	Weak or Absent	Down	Down	Down	6.42%
Sep 5	D	Weak or Absent	Down	Down	Down	5.23%
Sep 4	D	Weak or Absent	Down	Down	Down	5.40%
Sep 3	D	Weak or Absent	Up	Down	Flat	1.50%
Aug 30	F	Weak or Absent	Down	Down	Down	3.41%