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 19	A	Weak or Absent	Up	Up	Flat	2.95%
Jul 18	A	Weak or Absent	Up	Up	Flat	2.76%
Jul 17	A	Weak or Absent	Up	Up	Up	2.70%
Jul 16	A	Weak or Absent	Up	Up	Up	2.89%
Jul 15	A	Weak or Absent	Up	Up	Flat	3.00%
Jul 12	B	Weak or Absent	Up	Flat	Flat	3.58%
Jul 11	B	Weak or Absent	Up	Flat	Flat	3.66%
Jul 10	B	Weak or Absent	Up	Flat	Flat	3.57%
Jul 9	A	Weak or Absent	Up	Flat	Flat	3.41%
Jul 8	A	Weak or Absent	Up	Up	Flat	3.25%