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 12	A	Strong	Up	Up	Up	0.51%
Sep 11	A	Strong	Up	Up	Flat	0.81%
Sep 10	A	Strong	Up	Up	Up	0.75%
Sep 9	A	Strong	Up	Up	Up	0.75%
Sep 6	A	Strong	Up	Up	Up	0.91%
Sep 5	A	Strong	Up	Up	Up	0.96%
Sep 4	A	Strong	Up	Up	Flat	1.31%
Sep 3	A	Strong	Up	Up	Flat	1.51%
Aug 30	B	Strong	Up	Up	Flat	1.87%
Aug 29	A	Strong	Up	Up	Flat	1.59%