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
Mar 26	A	Strong	Up	Up	Flat	5.64%
Mar 25	A	Strong	Up	Up	Flat	5.58%
Mar 22	A	Strong	Up	Up	Flat	5.56%
Mar 21	A	Strong	Up	Up	Flat	5.73%
Mar 20	A	Strong	Up	Up	Flat	5.56%
Mar 19	A	Strong	Up	Up	Flat	5.86%
Mar 18	A	Strong	Up	Up	Flat	5.86%
Mar 15	A	Strong	Up	Up	Flat	5.91%
Mar 14	A	Weak or Absent	Up	Up	Flat	5.95%
Mar 13	A	Weak or Absent	Up	Up	Flat	5.95%