Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 28	D	Weak or Absent	Down	Down	Down	14.14%
Dec 27	C	Weak or Absent	Down	Flat	Flat	11.89%
Dec 23	D	Weak or Absent	Down	Down	Down	12.77%
Dec 22	C	Weak or Absent	Down	Down	Down	14.60%
Dec 21	C	Weak or Absent	Down	Down	Down	13.83%
Dec 20	C	Weak or Absent	Down	Down	Down	15.14%
Dec 19	C	Weak or Absent	Down	Down	Down	14.37%
Dec 16	D	Weak or Absent	Down	Down	Down	14.28%
Dec 15	C	Weak or Absent	Down	Up	Down	11.56%
Dec 14	C	Weak or Absent	Down	Up	Up	7.90%