Trend Table for SAJ - Saratoga Investment Corp 8.00% Notes due 2027

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 4	A	Strong	Up	Up	Flat	0.00%
Oct 3	A	Strong	Up	Up	Flat	0.16%
Oct 2	A	Strong	Up	Up	Flat	-0.16%
Oct 1	A	Strong	Up	Up	Up	-0.16%
Sep 30	B	Strong	Up	Up	Flat	0.64%
Sep 27	A	Strong	Up	Up	Flat	0.16%
Sep 26	B	Strong	Up	Up	Flat	0.47%
Sep 25	A	Strong	Up	Up	Up	-0.12%
Sep 24	B	Strong	Up	Up	Flat	0.08%
Sep 23	B	Strong	Up	Up	Flat	0.40%