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
Sep 18	B	Strong	Up	Up	Flat	0.52%
Sep 17	A	Strong	Up	Up	Flat	0.56%
Sep 16	A	Strong	Up	Up	Flat	0.80%
Sep 13	A	Strong	Up	Up	Flat	0.80%
Sep 12	A	Strong	Up	Up	Flat	1.04%
Sep 11	A	Strong	Up	Up	Up	0.60%
Sep 10	A	Strong	Up	Up	Up	0.80%
Sep 9	A	Strong	Up	Up	Flat	1.24%
Sep 6	A	Strong	Up	Up	Flat	1.10%
Sep 5	A	Strong	Up	Up	Up	0.96%