Trend Table for NCDL - Nuveen Churchill Direct Lending Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	F	Weak or Absent	N/A	N/A	Down	10.43%
Feb 22	F	Weak or Absent	N/A	N/A	Down	8.95%
Feb 21	F	Weak or Absent	N/A	N/A	Down	6.84%
Feb 20	D	Weak or Absent	N/A	N/A	Flat	6.05%
Feb 16	D	Weak or Absent	N/A	N/A	Flat	5.75%
Feb 15	C	Weak or Absent	N/A	N/A	Up	4.63%
Feb 14	C	Weak or Absent	N/A	N/A	Flat	5.69%
Feb 13	D	Weak or Absent	N/A	N/A	Flat	6.35%
Feb 12	C	Weak or Absent	N/A	N/A	Flat	5.45%
Feb 9	D	Weak or Absent	N/A	N/A	Flat	5.63%