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
Apr 24	B	Strong	Up	Down	Flat	6.17%
Apr 23	B	Strong	Up	Flat	Flat	5.55%
Apr 22	B	Strong	Up	Flat	Flat	5.94%
Apr 19	B	Strong	Up	Flat	Flat	5.64%
Apr 18	B	Strong	Up	Flat	Flat	5.68%
Apr 17	A	Strong	Up	Flat	Flat	5.37%
Apr 16	A	Strong	Up	Flat	Flat	5.72%
Apr 15	A	Strong	Up	Flat	Flat	5.81%
Apr 12	A	Strong	Up	Flat	Down	5.88%
Apr 11	B	Strong	Up	Flat	Down	5.77%