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
Jan 31	C	Strong	N/A	N/A	Up	11.44%
Jan 30	C	Strong	N/A	N/A	Up	11.74%
Jan 27	C	Strong	N/A	N/A	Up	11.82%
Jan 26	C	Strong	N/A	N/A	Flat	12.13%
Jan 25	F	Strong	N/A	N/A	Flat	12.98%
Jan 24	C	Weak or Absent	N/A	N/A	Flat	12.62%
Jan 23	C	Weak or Absent	N/A	N/A	Flat	12.49%
Jan 20	C	Weak or Absent	N/A	N/A	Up	12.23%
Jan 19	B	Weak or Absent	N/A	N/A	Flat	12.65%
Jan 18	B	Weak or Absent	N/A	N/A	Flat	12.76%