Trend Table for OXLCZ - Oxford Lane Capital Corp. - 5.00% Notes due 2027

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	D	Very Strong	Down	Down	Down	18.81%
Dec 23	F	Very Strong	Down	Down	Down	19.04%
Dec 22	D	Very Strong	Down	Flat	Flat	17.90%
Dec 21	D	Very Strong	Down	Down	Down	18.32%
Dec 20	D	Very Strong	Down	Down	Down	18.32%
Dec 19	C	Very Strong	Down	Flat	Up	16.63%
Dec 16	C	Very Strong	Down	Flat	Up	16.63%
Dec 15	C	Very Strong	Down	Flat	Up	16.63%
Dec 14	D	Very Strong	Down	Down	Flat	17.66%
Dec 13	D	Very Strong	Down	Flat	Up	16.89%