Trend Table for GECCM - Great Elm Capital Corp. - 6.75% Notes Due 2025

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 22	B	Weak or Absent	Up	Up	Flat	5.16%
Dec 21	B	Weak or Absent	Up	Up	Flat	5.45%
Dec 20	B	Weak or Absent	Up	Up	Flat	5.49%
Dec 19	B	Weak or Absent	Up	Up	Flat	5.32%
Dec 18	B	Weak or Absent	Up	Up	Flat	5.28%
Dec 15	B	Weak or Absent	Up	Up	Flat	5.28%
Dec 14	B	Weak or Absent	Up	Up	Up	4.86%
Dec 13	B	Weak or Absent	Up	Up	Flat	5.39%
Dec 12	B	Weak or Absent	Up	Up	Flat	5.52%
Dec 11	C	Weak or Absent	Up	Up	Flat	6.02%