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 24	A	Weak or Absent	Up	Up	Flat	10.28%
Nov 22	A	Weak or Absent	Up	Up	Up	9.90%
Nov 21	A	Weak or Absent	Up	Up	Flat	10.18%
Nov 20	A	Weak or Absent	Up	Up	Up	9.81%
Nov 17	A	Strong	Up	Up	Up	9.86%
Nov 16	A	Strong	Up	Up	Up	9.58%
Nov 15	A	Strong	Up	Up	Up	9.90%
Nov 14	A	Strong	Up	Up	Flat	10.85%
Nov 13	B	Strong	Up	Flat	Down	12.13%
Nov 10	A	Strong	Up	Up	Flat	10.99%