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 13	A	Strong	Up	Up	Flat	8.16%
Feb 12	B	Strong	Up	Up	Flat	8.63%
Feb 9	B	Strong	Up	Up	Flat	8.71%
Feb 8	A	Strong	Up	Up	Flat	8.25%
Feb 7	A	Strong	Up	Up	Flat	8.63%
Feb 6	A	Strong	Up	Up	Flat	8.41%
Feb 5	A	Strong	Up	Up	Flat	8.56%
Feb 2	B	Strong	Up	Flat	Flat	9.06%
Feb 1	B	Strong	Up	Flat	Flat	9.06%
Jan 31	A	Strong	Up	Up	Flat	8.57%