Trend Table for SAZ - Saratoga Investment Corp 8.50% Notes due 2028

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 2	A	Very Strong	Up	Up	Flat	0.00%
Oct 1	A	Strong	Up	Up	Up	-0.29%
Sep 30	B	Strong	Up	Up	Flat	0.09%
Sep 27	B	Strong	Up	Up	Flat	0.72%
Sep 26	B	Very Strong	Up	Up	Flat	0.41%
Sep 25	B	Very Strong	Up	Up	Flat	0.60%
Sep 24	B	Very Strong	Up	Up	Flat	0.40%
Sep 23	B	Strong	Up	Up	Flat	0.60%
Sep 20	B	Strong	Up	Up	Flat	0.58%
Sep 19	B	Strong	Up	Up	Flat	0.33%