Trend Table for GECCI - Great Elm Capital Corp. - 8.50% NOTES DUE 2029

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 17	B	Weak or Absent	N/A	Up	Flat	0.64%
Oct 16	B	Weak or Absent	N/A	Up	Flat	0.24%
Oct 15	B	Weak or Absent	N/A	Up	Down	0.96%
Oct 14	B	Weak or Absent	N/A	Up	Down	0.96%
Oct 9	B	Strong	N/A	Up	Down	0.84%
Oct 7	A	Strong	N/A	Up	Flat	0.08%
Oct 4	B	Strong	N/A	Up	Down	0.72%
Oct 3	B	Strong	N/A	Up	Down	0.72%
Oct 1	A	Strong	N/A	Up	Flat	-0.38%
Sep 30	A	Strong	N/A	Up	Flat	-0.24%