Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 18	C	Weak or Absent	Up	Up	Down	10.92%
Jan 17	C	Weak or Absent	Up	Up	Down	11.03%
Jan 16	C	Weak or Absent	Up	Up	Flat	9.17%
Jan 12	B	Weak or Absent	Up	Up	Up	8.03%
Jan 11	B	Weak or Absent	Up	Up	Up	7.07%
Jan 10	C	Weak or Absent	Up	Up	Down	9.75%
Jan 9	C	Weak or Absent	Up	Up	Down	9.58%
Jan 8	B	Strong	Up	Up	Flat	7.82%
Jan 5	C	Strong	Up	Up	Down	9.00%
Jan 4	C	Strong	Up	Up	Down	9.03%