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 7	D	Weak or Absent	Flat	Flat	Flat	14.35%
Feb 3	D	Weak or Absent	Flat	Up	Flat	14.02%
Feb 2	F	Strong	Flat	Up	Up	14.02%
Feb 1	F	Strong	Down	Flat	Flat	14.76%
Jan 31	F	Strong	Down	Flat	Flat	14.76%
Jan 30	F	Strong	Flat	Flat	Flat	14.34%
Jan 27	F	Strong	Down	Flat	Flat	14.44%
Jan 26	F	Strong	Down	Flat	Flat	14.76%
Jan 25	F	Strong	Flat	Up	Up	13.93%
Jan 24	F	Strong	Down	Flat	Flat	15.00%