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 8	B	Strong	Up	Flat	Up	0.13%
Nov 7	D	Strong	Up	Flat	Flat	0.75%
Nov 6	D	Strong	Up	Down	Down	1.12%
Nov 5	C	Strong	Up	Flat	Down	0.96%
Nov 4	C	Strong	Up	Flat	Down	0.87%
Nov 1	C	Strong	Up	Flat	Down	1.00%
Oct 31	C	Strong	Up	Down	Down	1.29%
Oct 30	A	Strong	Up	Flat	Flat	0.18%
Oct 29	A	Strong	Up	Flat	Flat	0.26%
Oct 28	A	Weak or Absent	Up	Up	Flat	0.01%