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 9	A	Strong	Up	Flat	Flat	11.46%
Nov 8	A	Strong	Up	Flat	Flat	11.41%
Nov 7	A	Strong	Up	Up	Flat	11.13%
Nov 6	A	Strong	Up	Up	Up	10.99%
Nov 3	A	Strong	Up	Up	Up	10.99%
Nov 2	A	Strong	Up	Flat	Flat	11.74%
Nov 1	A	Strong	Up	Flat	Up	11.55%
Oct 31	A	Strong	Up	Up	Up	11.22%
Oct 30	A	Very Strong	Up	Flat	Flat	12.41%
Oct 27	A	Very Strong	Up	Flat	Flat	12.41%