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
May 25	F	Strong	N/A	Down	Flat	15.85%
May 24	F	Strong	N/A	Down	Flat	15.38%
May 23	F	Strong	N/A	Down	Up	14.68%
May 22	F	Strong	N/A	Down	Flat	15.43%
May 19	F	Strong	N/A	Down	Down	15.99%
May 18	F	Strong	N/A	Down	Down	16.02%
May 17	F	Strong	N/A	Down	Down	16.47%
May 16	F	Strong	N/A	Down	Down	17.29%
May 15	F	Strong	N/A	Down	Down	15.59%
May 12	C	Strong	N/A	Down	Down	15.29%