Trend Table for HGBL - Heritage Global Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 12	F	Strong	Down	Down	Down	-28.72%
Dec 11	F	Strong	Down	Down	Down	-33.33%
Dec 8	F	Strong	Down	Down	Down	-35.36%
Dec 7	F	Strong	Down	Down	Down	-35.85%
Dec 6	F	Strong	Down	Down	Down	-35.61%
Dec 5	F	Strong	Down	Down	Down	-37.96%
Dec 4	F	Strong	Down	Down	Down	-37.50%
Nov 30	F	Strong	Down	Down	Down	-39.29%
Nov 29	F	Strong	Down	Down	Down	-39.72%
Nov 28	F	Strong	Down	Down	Down	-40.37%