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
Feb 28	A	Weak or Absent	Up	Up	Flat	7.57%
Feb 27	A	Weak or Absent	Up	Up	Flat	7.31%
Feb 26	A	Weak or Absent	Up	Up	Flat	7.44%
Feb 23	A	Weak or Absent	Up	Up	Flat	7.69%
Feb 22	A	Weak or Absent	Up	Up	Flat	7.53%
Feb 21	A	Weak or Absent	Up	Up	Flat	8.15%
Feb 20	A	Weak or Absent	Up	Up	Flat	7.74%
Feb 16	A	Strong	Up	Up	Up	7.57%
Feb 15	A	Strong	Up	Up	Up	7.74%
Feb 14	A	Strong	Up	Up	Up	7.74%