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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	B	Strong	Up	Flat	Up	0.00%
Nov 7	D	Strong	Up	Flat	Flat	0.61%
Nov 6	D	Strong	Up	Down	Down	0.99%
Nov 5	C	Strong	Up	Flat	Down	0.82%
Nov 4	C	Strong	Up	Flat	Down	0.74%
Nov 1	C	Strong	Up	Flat	Down	0.86%
Oct 31	C	Strong	Up	Down	Down	1.15%
Oct 30	A	Strong	Up	Flat	Flat	0.04%
Oct 29	A	Strong	Up	Flat	Flat	0.12%
Oct 28	A	Weak or Absent	Up	Up	Flat	-0.12%