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 16	A	Strong	Up	Up	Up	-0.21%
May 15	B	Strong	Up	Up	Up	0.29%
May 14	A	Strong	Up	Up	Up	-0.39%
May 13	A	Very Strong	Up	Flat	Flat	0.95%
May 10	A	Very Strong	Up	Flat	Flat	0.95%
May 9	A	Very Strong	Up	Flat	Flat	0.83%
May 8	A	Very Strong	Up	Flat	Flat	0.97%
May 7	A	Very Strong	Up	Flat	Flat	0.87%
May 6	A	Very Strong	Up	Flat	Flat	1.12%
May 3	A	Very Strong	Up	Flat	Flat	1.00%