Trend Table for HGBL - Heritage Global Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 18	B	Strong	Up	Down	Up	-46.28%
Sep 15	C	Strong	Up	Down	Down	-45.75%
Sep 14	C	Strong	Up	Down	Down	-45.75%
Sep 13	D	Strong	Down	Down	Down	-43.15%
Sep 12	C	Strong	Flat	Down	Down	-45.39%
Sep 11	C	Strong	Up	Down	Down	-46.45%
Sep 8	C	Strong	Up	Down	Down	-46.10%
Sep 7	C	Strong	Up	Down	Down	-45.93%
Sep 6	C	Strong	Up	Down	Down	-46.62%
Sep 5	C	Strong	Up	Down	Flat	-47.63%