Trend Table for SAT - Saratoga Investment Corp 6.00% Notes due 2027

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 16	A	Weak or Absent	Up	Up	Up	0.00%
Sep 13	A	Weak or Absent	Up	Up	Up	0.00%
Sep 12	A	Weak or Absent	Up	Up	Up	0.16%
Sep 11	A	Weak or Absent	Up	Up	Up	0.35%
Sep 10	A	Weak or Absent	Up	Up	Flat	0.49%
Sep 9	A	Weak or Absent	Up	Up	Flat	0.76%
Sep 6	A	Weak or Absent	Up	Up	Flat	0.99%
Sep 5	A	Weak or Absent	Up	Up	Flat	1.03%
Sep 4	A	Weak or Absent	Up	Up	Flat	1.02%
Aug 30	B	Weak or Absent	Up	Up	Flat	1.33%