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
Jul 2	B	Weak or Absent	Up	Flat	Flat	4.41%
Jul 1	A	Weak or Absent	Up	Flat	Flat	4.52%
Jun 28	C	Weak or Absent	Up	Down	Down	5.36%
Jun 27	B	Weak or Absent	Up	Flat	Flat	4.59%
Jun 26	B	Weak or Absent	Up	Flat	Flat	4.52%
Jun 25	B	Weak or Absent	Up	Flat	Flat	4.63%
Jun 24	A	Weak or Absent	Up	Flat	Flat	4.31%
Jun 21	B	Strong	Up	Flat	Down	4.72%
Jun 20	A	Strong	Up	Flat	Flat	4.41%
Jun 18	B	Strong	Up	Up	Flat	4.22%