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 3	A	Strong	Up	Flat	Flat	13.56%
Oct 2	A	Strong	Up	Flat	Flat	13.78%
Sep 29	A	Strong	Up	Down	Down	14.64%
Sep 28	A	Strong	Up	Flat	Down	13.85%
Sep 27	A	Strong	Up	Flat	Flat	13.56%
Sep 26	A	Strong	Up	Flat	Flat	13.32%
Sep 25	A	Strong	Up	Up	Flat	12.85%
Sep 22	A	Strong	Up	Up	Flat	12.55%
Sep 21	A	Strong	Up	Flat	Flat	13.36%
Sep 20	A	Strong	Up	Flat	Flat	13.37%