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 6	B	Strong	Flat	Up	Up	13.24%
Dec 5	B	Strong	Flat	Up	Up	13.24%
Dec 2	F	Strong	Down	Flat	Flat	15.05%
Dec 1	F	Strong	Down	Down	Flat	15.38%
Nov 30	F	Strong	Down	Flat	Flat	15.05%
Nov 29	F	Strong	Down	Down	Down	15.71%
Nov 28	F	Strong	Down	Flat	Flat	15.00%
Nov 25	F	Strong	Down	Down	Down	16.14%
Nov 23	F	Strong	Down	Flat	Flat	14.72%
Nov 22	F	Strong	Down	Flat	Flat	14.39%