Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	C	Weak or Absent	Up	Flat	Down	10.75%
Jan 30	B	Weak or Absent	Up	Up	Flat	8.18%
Jan 29	B	Weak or Absent	Up	Up	Up	7.54%
Jan 26	B	Weak or Absent	Up	Up	Up	6.71%
Jan 25	B	Weak or Absent	Up	Up	Up	5.83%
Jan 24	B	Weak or Absent	Up	Up	Up	8.45%
Jan 23	B	Weak or Absent	Up	Up	Up	8.51%
Jan 22	B	Weak or Absent	Up	Up	Up	8.07%
Jan 19	B	Weak or Absent	Up	Up	Flat	9.18%
Jan 18	C	Weak or Absent	Up	Up	Down	11.24%