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
Oct 17	A	Very Strong	Up	Flat	Flat	12.78%
Oct 16	B	Very Strong	Up	Down	Flat	13.41%
Oct 13	A	Very Strong	Up	Down	Flat	13.46%
Oct 12	A	Very Strong	Up	Flat	Flat	12.87%
Oct 11	A	Very Strong	Up	Flat	Up	12.54%
Oct 10	A	Strong	Up	Flat	Flat	13.36%
Oct 9	A	Strong	Up	Flat	Flat	12.59%
Oct 6	A	Strong	Up	Flat	Flat	12.71%
Oct 5	A	Strong	Up	Flat	Flat	13.07%
Oct 4	A	Strong	Up	Flat	Flat	13.21%