Trend Table for ICMB - Investcorp Credit Management BDC, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 4	F	Weak or Absent	Down	Down	Down	0.00%
Nov 1	F	Weak or Absent	Down	Down	Down	-1.01%
Oct 31	F	Weak or Absent	Down	Down	Down	-2.01%
Oct 30	D	Weak or Absent	Down	Down	Down	-2.33%
Oct 29	D	Weak or Absent	Down	Down	Down	-2.33%
Oct 28	D	Weak or Absent	Down	Down	Down	-3.62%
Oct 25	D	Weak or Absent	Down	Down	Down	-3.62%
Oct 24	D	Weak or Absent	Flat	Flat	Down	-4.86%
Oct 23	D	Weak or Absent	Flat	Flat	Down	-5.02%
Oct 22	C	Weak or Absent	Up	Up	Down	-5.79%