Trend Table for SAY - Saratoga Investment Corp 8.125% Notes due 2027

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 25	A	Weak or Absent	Up	Flat	Flat	2.68%
Jul 24	A	Weak or Absent	Up	Up	Flat	2.39%
Jul 23	A	Weak or Absent	Up	Up	Flat	2.56%
Jul 22	A	Weak or Absent	Up	Flat	Flat	2.84%
Jul 19	A	Weak or Absent	Up	Up	Flat	2.63%
Jul 18	A	Weak or Absent	Up	Up	Flat	2.44%
Jul 17	A	Weak or Absent	Up	Up	Up	2.38%
Jul 16	A	Weak or Absent	Up	Up	Up	2.56%
Jul 15	A	Weak or Absent	Up	Up	Flat	2.68%
Jul 12	B	Weak or Absent	Up	Flat	Flat	3.25%