Trend Table for SAT - Saratoga Investment Corp 6.00% Notes due 2027

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	A	Very Strong	Up	Flat	Flat	0.10%
May 7	A	Very Strong	Up	Flat	Flat	0.00%
May 6	A	Very Strong	Up	Flat	Flat	0.25%
May 3	A	Very Strong	Up	Flat	Flat	0.12%
May 2	B	Very Strong	Up	Flat	Flat	0.54%
May 1	A	Very Strong	Up	Flat	Flat	0.37%
Apr 30	A	Very Strong	Up	Up	Up	0.00%
Apr 29	A	Very Strong	Up	Flat	Flat	0.41%
Apr 26	B	Strong	Up	Down	Flat	1.13%
Apr 25	B	Strong	Up	Flat	Flat	0.62%