Trend Table for BFS - Saul Centers, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 24	B	Strong	Up	Up	Flat	6.92%
Jul 23	A	Strong	Up	Up	Up	5.14%
Jul 22	B	Strong	Up	Up	Up	5.85%
Jul 19	B	Strong	Up	Up	Up	6.95%
Jul 18	B	Strong	Up	Up	Up	5.68%
Jul 17	B	Strong	Up	Up	Up	4.55%
Jul 16	B	Weak or Absent	Up	Up	Up	5.63%
Jul 15	B	Weak or Absent	Up	Up	Up	7.11%
Jul 12	B	Weak or Absent	Up	Up	Up	8.19%
Jul 11	B	Weak or Absent	Up	Up	Up	8.98%