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
Sep 4	A	Weak or Absent	Up	Up	Flat	0.53%
Aug 30	B	Weak or Absent	Up	Up	Flat	0.83%
Aug 29	A	Weak or Absent	Up	Up	Flat	0.49%
Aug 28	A	Weak or Absent	Up	Up	Flat	0.49%
Aug 27	A	Weak or Absent	Up	Up	Flat	0.62%
Aug 26	A	Weak or Absent	Up	Up	Flat	0.51%
Aug 23	B	Strong	Up	Up	Flat	0.63%
Aug 22	A	Strong	Up	Up	Flat	0.63%
Aug 21	A	Strong	Up	Up	Up	0.12%
Aug 20	A	Strong	Up	Up	Up	0.62%