Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	C	Strong	Up	Up	Up	5.76%
Dec 22	B	Strong	Up	Up	Up	6.39%
Dec 21	B	Strong	Up	Up	Up	6.05%
Dec 20	B	Strong	Up	Up	Flat	7.14%
Dec 19	B	Strong	Up	Up	Up	5.73%
Dec 18	C	Strong	Up	Up	Flat	8.00%
Dec 15	B	Strong	Up	Up	Flat	7.84%
Dec 14	B	Strong	Up	Up	Up	5.08%
Dec 13	B	Strong	Up	Up	Up	6.50%
Dec 12	B	Strong	Up	Up	Up	9.41%