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
May 24	A	Strong	Up	Up	Flat	4.18%
May 23	A	Strong	Up	Up	Flat	4.24%
May 22	A	Strong	Up	Up	Flat	4.69%
May 21	A	Strong	Up	Up	Up	4.28%
May 20	A	Strong	Up	Up	Up	4.28%
May 17	A	Strong	Up	Up	Flat	4.57%
May 16	A	Strong	Up	Up	Up	4.53%
May 15	A	Strong	Up	Up	Up	4.42%
May 14	A	Strong	Up	Up	Up	4.53%
May 13	A	Strong	Up	Flat	Flat	5.45%