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
Dec 13	B	Strong	Down	Up	Up	17.41%
Dec 12	B	Weak or Absent	Down	Up	Up	17.71%
Dec 9	B	Weak or Absent	Down	Up	Flat	18.33%
Dec 8	B	Weak or Absent	Down	Up	Flat	18.28%
Dec 7	B	Weak or Absent	Down	Up	Up	17.87%
Dec 6	B	Weak or Absent	Down	Up	Up	17.51%
Dec 5	B	Weak or Absent	Down	Up	Up	17.51%
Dec 2	C	Weak or Absent	Down	Up	Up	18.38%
Dec 1	C	Weak or Absent	Down	Up	Up	18.23%
Nov 30	D	Weak or Absent	Down	Flat	Flat	19.32%