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 11	C	Strong	N/A	Flat	Flat	13.44%
May 10	C	Strong	N/A	Flat	Flat	13.12%
May 9	C	Strong	N/A	Flat	Flat	13.30%
May 8	C	Weak or Absent	N/A	Flat	Flat	13.35%
May 5	C	Weak or Absent	N/A	Flat	Flat	13.53%
May 4	B	Weak or Absent	N/A	Flat	Flat	13.07%
May 3	A	Weak or Absent	N/A	Flat	Flat	12.89%
May 2	A	Weak or Absent	N/A	Up	Flat	12.53%
May 1	A	Weak or Absent	N/A	Flat	Flat	12.85%
Apr 28	A	Weak or Absent	N/A	Up	Flat	12.45%