Trend Table for SAY - Saratoga Investment Corp 8.125% Notes due 2027

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	A	Weak or Absent	Up	Up	Flat	0.26%
Nov 19	A	Weak or Absent	Up	Up	Flat	0.36%
Nov 18	A	Weak or Absent	Up	Up	Up	0.16%
Nov 15	A	Weak or Absent	Up	Up	Flat	0.36%
Nov 14	A	Weak or Absent	Up	Flat	Flat	0.67%
Nov 13	A	Weak or Absent	Up	Flat	Flat	0.67%
Nov 12	A	Weak or Absent	Up	Flat	Flat	0.63%
Nov 11	A	Weak or Absent	Up	Flat	Flat	0.75%
Nov 8	A	Weak or Absent	Up	Flat	Flat	0.91%
Nov 7	A	Weak or Absent	Up	Flat	Flat	0.79%