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
Nov 29	A	Weak or Absent	Up	Up	Flat	12.53%
Nov 28	A	Weak or Absent	Up	Up	Flat	12.72%
Nov 27	A	Weak or Absent	Up	Up	Flat	12.39%
Nov 24	A	Weak or Absent	Up	Up	Flat	12.77%
Nov 22	A	Weak or Absent	Up	Up	Up	12.39%
Nov 21	A	Weak or Absent	Up	Up	Flat	12.67%
Nov 20	A	Weak or Absent	Up	Up	Up	12.29%
Nov 17	A	Strong	Up	Up	Up	12.34%
Nov 16	A	Strong	Up	Up	Up	12.05%
Nov 15	A	Strong	Up	Up	Up	12.39%