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 14	A	Strong	Up	Up	Flat	13.35%
Nov 13	B	Strong	Up	Flat	Down	14.66%
Nov 10	A	Strong	Up	Up	Flat	13.49%
Nov 9	A	Strong	Up	Flat	Flat	13.98%
Nov 8	A	Strong	Up	Flat	Flat	13.93%
Nov 7	A	Strong	Up	Up	Flat	13.64%
Nov 6	A	Strong	Up	Up	Up	13.49%
Nov 3	A	Strong	Up	Up	Up	13.49%
Nov 2	A	Strong	Up	Flat	Flat	14.27%
Nov 1	A	Strong	Up	Flat	Up	14.07%