Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 18	C	Strong	Up	Up	Flat	8.34%
Dec 15	B	Strong	Up	Up	Flat	8.17%
Dec 14	B	Strong	Up	Up	Up	5.41%
Dec 13	B	Strong	Up	Up	Up	6.83%
Dec 12	B	Strong	Up	Up	Up	9.75%
Dec 11	B	Strong	Up	Up	Up	9.36%
Dec 8	B	Strong	Up	Up	Up	9.58%
Dec 7	B	Strong	Up	Up	Up	9.05%
Dec 6	B	Strong	Up	Up	Up	9.36%
Dec 5	B	Strong	Up	Up	Up	8.50%