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
Aug 20	A	Strong	Up	Up	Up	2.64%
Aug 19	A	Strong	Up	Up	Up	2.68%
Aug 16	A	Weak or Absent	Up	Up	Up	2.57%
Aug 15	A	Weak or Absent	Up	Up	Up	2.74%
Aug 14	A	Weak or Absent	Up	Up	Flat	3.65%
Aug 13	A	Weak or Absent	Up	Up	Flat	3.77%
Aug 12	A	Weak or Absent	Up	Up	Flat	3.77%
Aug 9	A	Weak or Absent	Up	Up	Flat	3.73%
Aug 8	A	Weak or Absent	Up	Up	Flat	3.89%
Aug 7	A	Weak or Absent	Up	Up	Flat	3.73%