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
May 19	A	Strong	Up	Up	Up	11.37%
May 18	A	Strong	Up	Up	Up	10.93%
May 17	A	Strong	Up	Up	Up	11.37%
May 16	A	Very Strong	Up	Up	Up	10.84%
May 15	A	Very Strong	Up	Flat	Flat	13.01%
May 12	A	Very Strong	Up	Up	Flat	12.87%
May 11	A	Very Strong	Up	Up	Flat	12.87%
May 10	A	Very Strong	Flat	Flat	Flat	13.43%
May 9	A	Very Strong	Up	Flat	Flat	13.10%
May 8	A	Very Strong	Up	Flat	Flat	13.38%