Trend Table for SAY - Saratoga Investment Corp 8.125% Notes due 2027

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 10	A	Weak or Absent	Up	Flat	Flat	5.51%
Apr 9	A	Weak or Absent	Up	Up	Flat	4.76%
Apr 8	A	Weak or Absent	Up	Flat	Flat	5.34%
Apr 5	A	Weak or Absent	Up	Up	Flat	4.97%
Apr 4	A	Weak or Absent	Up	Up	Up	4.80%
Apr 3	A	Weak or Absent	Up	Up	Flat	4.97%
Apr 2	A	Weak or Absent	Up	Up	Flat	5.18%
Apr 1	B	Weak or Absent	Up	Flat	Flat	5.61%
Mar 28	B	Weak or Absent	Up	Flat	Flat	5.59%
Mar 27	A	Weak or Absent	Up	Up	Flat	5.38%