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
Feb 13	A	Strong	Up	Up	Flat	6.07%
Feb 12	A	Strong	Up	Up	Flat	6.07%
Feb 9	A	Strong	Up	Up	Flat	6.20%
Feb 8	A	Strong	Up	Up	Up	6.07%
Feb 7	A	Strong	Up	Up	Flat	6.20%
Feb 6	A	Strong	Up	Up	Flat	6.29%
Feb 5	A	Strong	Up	Up	Flat	6.69%
Feb 2	A	Strong	Up	Up	Flat	6.69%
Feb 1	B	Strong	Up	Up	Flat	6.86%
Jan 31	A	Strong	Up	Flat	Down	7.98%