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
Nov 15	A	Very Strong	Up	Up	Up	7.24%
Nov 14	A	Very Strong	Up	Up	Up	7.17%
Nov 13	A	Very Strong	Up	Flat	Flat	7.73%
Nov 10	B	Very Strong	Up	Down	Flat	8.77%
Nov 9	B	Very Strong	Up	Down	Down	8.77%
Nov 2	A	Very Strong	Up	Flat	Flat	8.27%
Nov 1	A	Very Strong	Up	Flat	Flat	8.09%
Oct 31	A	Very Strong	Up	Flat	Flat	7.77%
Oct 30	A	Very Strong	Up	Down	Down	8.86%
Oct 27	A	Very Strong	Up	Up	Flat	7.37%