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
May 17	B	Strong	Up	Up	Flat	4.31%
May 16	A	Strong	Up	Up	Up	4.00%
May 15	B	Strong	Up	Up	Up	4.52%
May 14	A	Strong	Up	Up	Up	3.82%
May 13	A	Very Strong	Up	Flat	Flat	5.21%
May 10	A	Very Strong	Up	Flat	Flat	5.21%
May 9	A	Very Strong	Up	Flat	Flat	5.08%
May 8	A	Very Strong	Up	Flat	Flat	5.24%
May 7	A	Very Strong	Up	Flat	Flat	5.13%
May 6	A	Very Strong	Up	Flat	Flat	5.39%