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
Aug 8	A	Strong	Up	Up	Flat	13.67%
Aug 7	B	Strong	Up	Up	Flat	13.96%
Aug 4	A	Strong	Up	Up	Flat	13.67%
Aug 3	A	Strong	Up	Up	Flat	13.67%
Aug 2	A	Strong	Up	Up	Flat	13.72%
Aug 1	B	Strong	Up	Up	Flat	13.72%
Jul 31	C	Strong	Up	Up	Flat	14.16%
Jul 28	B	Strong	Up	Up	Flat	13.96%
Jul 27	A	Strong	Up	Up	Up	13.77%
Jul 26	B	Strong	Up	Up	Flat	14.10%