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
Feb 14	A	Strong	Up	Up	Flat	6.63%
Feb 13	A	Strong	Up	Up	Flat	6.92%
Feb 12	A	Strong	Up	Up	Flat	6.84%
Feb 9	A	Strong	Up	Up	Flat	6.84%
Feb 8	A	Strong	Up	Up	Flat	7.04%
Feb 7	A	Strong	Up	Flat	Flat	7.49%
Feb 6	A	Strong	N/A	Flat	Flat	7.44%
Feb 5	A	Strong	N/A	Flat	Flat	7.49%
Feb 2	B	Strong	N/A	Flat	Flat	7.51%
Feb 1	A	Strong	N/A	Up	Flat	7.13%