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 10	A	Strong	Up	Up	Flat	5.25%
May 9	A	Strong	Up	Up	Flat	5.45%
May 8	A	Strong	Up	Flat	Flat	5.99%
May 7	A	Strong	Up	Up	Up	5.08%
May 6	A	Strong	Up	Up	Flat	5.35%
May 3	A	Strong	Up	Up	Flat	5.45%
May 2	A	Strong	Up	Flat	Flat	5.58%
May 1	A	Strong	Up	Flat	Flat	5.66%
Apr 30	A	Strong	Up	Flat	Flat	5.91%
Apr 29	A	Strong	Up	Flat	Flat	5.76%