Trend Table for HTFC - Horizon Technology Finance Corporation 6.25% Notes due 2027

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 14	A	Strong	Up	Up	Up	5.56%
Dec 13	A	Strong	Up	Up	Up	6.05%
Dec 12	A	Strong	Up	Up	Up	6.18%
Dec 11	A	Very Strong	Up	Up	Up	6.18%
Dec 8	A	Very Strong	Up	Flat	Flat	7.15%
Dec 7	A	Very Strong	Up	Flat	Flat	7.46%
Dec 6	A	Very Strong	Up	Flat	Up	7.15%
Dec 5	A	Very Strong	Up	Up	Up	6.49%
Dec 4	D	Very Strong	Up	Flat	Flat	7.91%
Dec 1	C	Very Strong	Up	Flat	Flat	7.82%