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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 22	B	Strong	Up	Flat	Flat	0.00%
Nov 21	B	Strong	Up	Flat	Flat	0.04%
Nov 20	A	Strong	Up	Flat	Flat	-0.29%
Nov 19	A	Strong	Up	Up	Up	-0.53%
Nov 18	A	Strong	Up	Up	Up	-0.90%
Nov 15	A	Strong	Up	Up	Up	-1.02%
Nov 14	A	Strong	Up	Up	Up	-0.51%
Nov 13	B	Strong	Up	Flat	Up	-0.11%
Nov 12	C	Strong	Up	Flat	Flat	0.46%
Nov 11	C	Strong	Up	Flat	Flat	0.46%