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
Sep 25	B	Strong	Up	Up	Flat	1.23%
Sep 24	B	Strong	Up	Up	Flat	1.35%
Sep 23	B	Strong	Up	Up	Flat	1.15%
Sep 20	B	Strong	Up	Up	Flat	1.44%
Sep 19	B	Strong	Up	Up	Flat	1.39%
Sep 18	A	Strong	Up	Up	Flat	0.79%
Sep 17	B	Strong	Up	Up	Flat	0.99%
Sep 16	A	Strong	Up	Up	Flat	0.67%
Sep 13	B	Strong	Up	Up	Flat	1.43%
Sep 12	A	Strong	Up	Up	Up	0.59%