Trend Table for ARCC - Ares Capital Corporation - Closed End Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	A	Strong	Up	Up	Up	8.13%
May 17	B	Strong	Up	Up	Up	8.38%
May 16	B	Strong	Up	Up	Up	9.05%
May 15	B	Strong	Up	Up	Up	8.95%
May 14	A	Strong	Up	Up	Up	8.53%
May 13	A	Strong	Up	Up	Up	9.10%
May 10	A	Strong	Up	Up	Up	9.31%
May 9	A	Strong	Up	Up	Up	10.25%
May 8	A	Weak or Absent	Up	Up	Flat	10.99%
May 7	A	Weak or Absent	Up	Up	Flat	10.88%