Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 9	C	Weak or Absent	Down	Down	Down	22.80%
Nov 8	B	Weak or Absent	Down	Up	Flat	20.55%
Nov 7	C	Weak or Absent	Down	Up	Up	20.04%
Nov 6	B	Weak or Absent	Flat	Up	Up	18.15%
Nov 3	B	Weak or Absent	Up	Up	Up	16.04%
Nov 2	B	Weak or Absent	Flat	Up	Up	18.15%
Nov 1	C	Weak or Absent	Down	Flat	Up	21.68%
Oct 31	B	Weak or Absent	Down	Down	Up	22.94%
Oct 30	C	Weak or Absent	Down	Down	Down	25.65%
Oct 27	C	Weak or Absent	Down	Down	Down	25.40%