Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 24	C	Weak or Absent	Flat	Down	Down	15.14%
May 23	C	Weak or Absent	Up	Flat	Down	14.20%
May 22	C	Weak or Absent	Up	Up	Down	12.75%
May 21	B	Weak or Absent	Up	Up	Up	10.51%
May 20	C	Weak or Absent	Up	Up	Up	11.24%
May 17	B	Weak or Absent	Up	Up	Up	9.55%
May 16	C	Weak or Absent	Up	Up	Up	10.10%
May 15	C	Weak or Absent	Up	Up	Up	11.87%
May 14	C	Weak or Absent	Up	Flat	Flat	13.85%
May 13	C	Weak or Absent	Up	Flat	Flat	13.88%