Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 11	B	Strong	Up	Up	Up	9.02%
Dec 8	B	Strong	Up	Up	Up	9.24%
Dec 7	B	Strong	Up	Up	Up	8.72%
Dec 6	B	Strong	Up	Up	Up	9.02%
Dec 5	B	Strong	Up	Up	Up	8.17%
Dec 4	B	Strong	Up	Up	Up	7.68%
Nov 30	B	Weak or Absent	Up	Up	Up	15.69%
Nov 29	B	Weak or Absent	Up	Up	Up	17.31%
Nov 28	B	Weak or Absent	Up	Up	Flat	17.57%
Nov 27	B	Weak or Absent	Up	Up	Flat	18.22%