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
Dec 11	A	Weak or Absent	Up	Up	Flat	9.37%
Dec 8	A	Weak or Absent	Up	Up	Flat	9.25%
Dec 7	A	Weak or Absent	Up	Up	Flat	9.26%
Dec 6	A	Weak or Absent	Up	Up	Flat	9.55%
Dec 5	A	Weak or Absent	Up	Up	Flat	9.44%
Dec 4	A	Weak or Absent	Up	Up	Flat	10.14%
Nov 30	A	Weak or Absent	Up	Up	Flat	9.44%
Nov 29	A	Weak or Absent	Up	Up	Flat	10.04%
Nov 28	A	Weak or Absent	Up	Up	Flat	10.23%
Nov 27	A	Weak or Absent	Up	Up	Flat	9.90%