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
Aug 22	A	Weak or Absent	N/A	Up	Flat	10.99%
Aug 21	A	Weak or Absent	N/A	Up	Flat	11.39%
Aug 18	A	Weak or Absent	N/A	Up	Flat	11.39%
Aug 17	A	Weak or Absent	N/A	Up	Up	10.99%
Aug 16	A	Weak or Absent	N/A	Up	Flat	11.53%
Aug 15	A	Weak or Absent	N/A	Up	Flat	11.17%
Aug 14	A	Weak or Absent	N/A	Up	Flat	11.84%
Aug 11	A	Weak or Absent	N/A	Up	Flat	11.43%
Aug 10	A	Weak or Absent	N/A	Up	Flat	12.10%
Aug 9	A	Weak or Absent	N/A	Up	Flat	11.65%