Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	D	Weak or Absent	Flat	Down	Down	16.70%
Feb 22	D	Weak or Absent	Flat	Down	Down	16.54%
Feb 21	D	Weak or Absent	Up	Down	Down	15.36%
Feb 20	D	Weak or Absent	Up	Down	Down	14.92%
Feb 16	D	Weak or Absent	Up	Down	Down	13.10%
Feb 15	D	Weak or Absent	Up	Down	Flat	11.39%
Feb 14	D	Weak or Absent	Up	Down	Down	12.80%
Feb 13	D	Weak or Absent	Up	Down	Down	13.07%
Feb 12	D	Weak or Absent	Up	Down	Up	9.57%
Feb 9	D	Weak or Absent	Up	Down	Down	10.98%