Trend Table for OXLCL - Oxford Lane Capital Corp. - 6.75% Notes due 2031

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 20	D	Weak or Absent	Down	Flat	Down	19.97%
Dec 19	C	Weak or Absent	Down	Flat	Down	19.30%
Dec 16	C	Weak or Absent	Down	Flat	Down	19.17%
Dec 15	D	Weak or Absent	Down	Flat	Down	19.46%
Dec 14	D	Weak or Absent	Down	Up	Down	18.44%
Dec 13	B	Strong	Down	Up	Up	16.68%
Dec 12	B	Weak or Absent	Down	Up	Up	16.98%
Dec 9	B	Weak or Absent	Down	Up	Flat	17.59%
Dec 8	B	Weak or Absent	Down	Up	Flat	17.54%
Dec 7	B	Weak or Absent	Down	Up	Up	17.13%