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 14	D	Strong	N/A	N/A	Down	12.45%
Feb 13	C	Strong	N/A	N/A	Flat	10.77%
Feb 10	B	Strong	N/A	N/A	Flat	10.90%
Feb 9	B	Strong	N/A	N/A	Flat	10.90%
Feb 8	C	Strong	N/A	N/A	Flat	11.16%
Feb 7	C	Strong	N/A	N/A	Up	10.99%
Feb 6	C	Strong	N/A	N/A	Flat	11.43%
Feb 3	C	Strong	N/A	N/A	Flat	11.51%
Feb 2	C	Strong	N/A	N/A	Up	11.25%
Feb 1	C	Strong	N/A	N/A	Up	11.25%