Trend Table for SAZ - Saratoga Investment Corp 8.50% Notes due 2028

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 10	B	Strong	Up	Up	Flat	1.47%
Oct 9	B	Strong	Up	Up	Flat	1.35%
Oct 8	A	Very Strong	Up	Up	Flat	1.19%
Oct 7	A	Very Strong	Up	Up	Flat	1.12%
Oct 4	A	Very Strong	Up	Up	Flat	1.23%
Oct 3	A	Very Strong	Up	Up	Flat	0.95%
Oct 2	A	Very Strong	Up	Up	Flat	1.10%
Oct 1	A	Strong	Up	Up	Up	0.80%
Sep 30	B	Strong	Up	Up	Flat	1.19%
Sep 27	B	Strong	Up	Up	Flat	1.83%