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 21	C	Weak or Absent	Flat	Up	Up	13.93%
Dec 20	D	Weak or Absent	Down	Flat	Flat	15.00%
Dec 19	B	Weak or Absent	Down	Up	Flat	14.07%
Dec 16	D	Strong	Down	Flat	Flat	15.14%
Dec 15	D	Strong	Down	Down	Down	16.40%
Dec 14	D	Strong	Down	Down	Down	16.71%
Dec 13	D	Strong	Down	Down	Down	15.66%
Dec 12	C	Strong	Flat	Up	Flat	13.84%
Dec 9	A	Strong	Flat	Up	Up	13.14%
Dec 8	D	Strong	Flat	Up	Up	13.88%