Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 17	B	Weak or Absent	Flat	Up	Flat	19.24%
Nov 16	B	Weak or Absent	Flat	Up	Flat	18.85%
Nov 15	B	Weak or Absent	Up	Up	Up	16.27%
Nov 14	B	Weak or Absent	Up	Up	Up	15.46%
Nov 13	C	Weak or Absent	Down	Flat	Down	22.34%
Nov 10	C	Weak or Absent	Down	Flat	Down	22.10%
Nov 9	C	Weak or Absent	Down	Down	Down	23.18%
Nov 8	B	Weak or Absent	Down	Up	Flat	20.93%
Nov 7	C	Weak or Absent	Down	Up	Up	20.42%
Nov 6	B	Weak or Absent	Flat	Up	Up	18.52%