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
Feb 23	A	Strong	Up	Up	Flat	5.01%
Feb 22	B	Strong	Up	Up	Flat	5.67%
Feb 21	A	Strong	Up	Up	Flat	5.45%
Feb 20	A	Strong	Up	Up	Flat	5.41%
Feb 16	A	Strong	Up	Up	Up	4.62%
Feb 15	A	Strong	Up	Up	Up	4.71%
Feb 14	A	Strong	Up	Up	Up	4.71%
Feb 13	A	Strong	Up	Up	Flat	5.43%
Feb 12	A	Strong	Up	Up	Flat	5.43%
Feb 9	A	Strong	Up	Up	Flat	5.56%