Trend Table for OXLCL - Oxford Lane Capital Corp. - 6.75% Notes due 2031

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	F	Weak or Absent	Down	Down	Flat	17.74%
May 19	F	Weak or Absent	Down	Down	Up	17.68%
May 18	D	Weak or Absent	Down	Down	Up	17.27%
May 17	F	Weak or Absent	Down	Down	Up	18.10%
May 16	F	Weak or Absent	Down	Down	Up	18.02%
May 15	F	Weak or Absent	Down	Down	Up	18.10%
May 12	F	Weak or Absent	Down	Down	Flat	19.17%
May 11	F	Weak or Absent	Down	Down	Flat	18.90%
May 10	F	Weak or Absent	Down	Down	Flat	18.37%
May 9	F	Weak or Absent	Down	Down	Down	19.60%