Trend Table for HLI - Houlihan Lokey, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 31	A	Weak or Absent	Up	Up	Up	84.00%
Aug 30	A	Weak or Absent	Up	Up	Up	83.35%
Aug 29	A	Weak or Absent	Up	Up	Up	84.36%
Aug 28	A	Weak or Absent	Up	Up	Up	87.64%
Aug 25	A	Weak or Absent	Up	Up	Up	90.45%
Aug 24	A	Weak or Absent	Up	Up	Up	91.56%
Aug 23	A	Weak or Absent	Up	Up	Flat	92.48%
Aug 22	A	Weak or Absent	Up	Up	Down	94.48%
Aug 21	A	Weak or Absent	Up	Up	Flat	93.78%
Aug 18	A	Weak or Absent	Up	Up	Flat	93.73%