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 22	B	Strong	N/A	Flat	Up	13.85%
Dec 21	D	Strong	N/A	Down	Flat	14.78%
Dec 20	D	Strong	N/A	Flat	Flat	14.04%
Dec 19	B	Strong	N/A	Up	Up	13.03%
Dec 16	D	Strong	N/A	Down	Down	14.73%
Dec 15	C	Strong	N/A	Down	Down	15.98%
Dec 14	D	Strong	N/A	Down	Down	16.23%
Dec 13	D	Strong	N/A	Down	Down	15.23%
Dec 12	A	Strong	N/A	Up	Flat	12.88%
Dec 9	C	Strong	N/A	Down	Down	15.47%