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
Oct 9	A	Weak or Absent	Up	Up	Flat	0.76%
Oct 8	A	Weak or Absent	Up	Up	Flat	0.76%
Oct 7	A	Weak or Absent	Up	Up	Flat	0.67%
Oct 4	A	Weak or Absent	Up	Up	Flat	0.99%
Oct 3	A	Weak or Absent	Up	Up	Flat	1.43%
Oct 2	A	Weak or Absent	Up	Up	Flat	1.11%
Oct 1	A	Weak or Absent	Up	Up	Flat	0.79%
Sep 30	A	Strong	Up	Up	Flat	1.05%
Sep 27	B	Strong	Up	Up	Flat	1.55%
Sep 26	B	Strong	Up	Up	Flat	1.22%