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
Feb 22	C	Weak or Absent	Flat	Flat	Flat	14.48%
Feb 21	C	Weak or Absent	Flat	Flat	Flat	14.02%
Feb 17	D	Weak or Absent	Flat	Flat	Flat	14.02%
Feb 16	D	Weak or Absent	Flat	Flat	Flat	14.11%
Feb 15	D	Weak or Absent	Flat	Flat	Flat	14.44%
Feb 14	F	Weak or Absent	Down	Flat	Flat	15.00%
Feb 13	F	Weak or Absent	Down	Flat	Flat	15.00%
Feb 10	F	Weak or Absent	Down	Flat	Flat	14.76%
Feb 9	D	Weak or Absent	Down	Flat	Flat	14.53%
Feb 8	F	Weak or Absent	Down	Flat	Flat	14.86%