Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 22	D	Weak or Absent	Up	Down	Down	13.01%
Mar 21	C	Weak or Absent	Up	Flat	Flat	11.13%
Mar 20	D	Weak or Absent	Up	Flat	Flat	11.57%
Mar 19	D	Weak or Absent	Up	Down	Down	13.53%
Mar 18	D	Weak or Absent	Up	Down	Down	14.30%
Mar 15	D	Weak or Absent	Up	Down	Down	14.39%
Mar 14	D	Weak or Absent	Up	Down	Down	13.37%
Mar 13	C	Weak or Absent	Up	Up	Up	8.78%
Mar 12	C	Weak or Absent	Up	Up	Up	8.16%
Mar 11	C	Weak or Absent	Up	Up	Up	8.47%