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
Jul 25	A	Weak or Absent	Up	Up	Flat	10.26%
Jul 24	A	Weak or Absent	Up	Up	Flat	10.26%
Jul 21	A	Weak or Absent	Up	Up	Flat	10.51%
Jul 20	A	Weak or Absent	Up	Up	Flat	10.00%
Jul 19	B	Weak or Absent	Up	Flat	Flat	10.71%
Jul 18	A	Weak or Absent	Up	Up	Flat	10.35%
Jul 17	A	Weak or Absent	Up	Up	Flat	10.23%
Jul 14	A	Weak or Absent	Up	Up	Flat	10.16%
Jul 13	A	Weak or Absent	Up	Flat	Flat	11.03%
Jul 12	A	Weak or Absent	Up	Up	Flat	10.44%