Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	F	Weak or Absent	Down	Down	Down	34.51%
May 5	F	Weak or Absent	Down	Down	Down	32.19%
May 4	F	Weak or Absent	Down	Down	Flat	25.87%
May 3	F	Weak or Absent	Down	Down	Down	27.24%
May 2	F	Weak or Absent	Down	Down	Down	29.76%
May 1	F	Weak or Absent	Down	Down	Down	24.68%
Apr 28	F	Weak or Absent	Down	Down	Down	23.53%
Apr 27	F	Weak or Absent	Down	Down	Down	26.02%
Apr 26	F	Weak or Absent	Down	Down	Down	26.48%
Apr 25	F	Weak or Absent	Down	Down	Down	24.64%