Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 20	B	Weak or Absent	Up	Up	Up	5.34%
Aug 19	B	Weak or Absent	Up	Up	Up	5.53%
Aug 16	B	Weak or Absent	Up	Up	Up	6.40%
Aug 15	B	Weak or Absent	Up	Up	Up	6.23%
Aug 14	B	Weak or Absent	Up	Up	Up	6.62%
Aug 13	B	Strong	Up	Up	Flat	8.04%
Aug 12	B	Strong	Up	Up	Down	8.46%
Aug 9	B	Strong	Up	Up	Down	7.89%
Aug 8	B	Strong	Up	Up	Down	7.84%
Aug 7	B	Strong	Up	Up	Down	9.58%