Trend Table for HLI - Houlihan Lokey, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	D	Weak or Absent	Down	Down	Down	123.34%
May 22	D	Weak or Absent	Down	Down	Down	122.10%
May 19	D	Weak or Absent	Down	Down	Down	122.93%
May 18	D	Weak or Absent	Flat	Down	Flat	120.15%
May 17	C	Weak or Absent	Up	Flat	Up	118.65%
May 16	D	Weak or Absent	Down	Down	Flat	122.58%
May 15	C	Weak or Absent	Flat	Down	Up	119.68%
May 12	C	Weak or Absent	Flat	Down	Flat	120.52%
May 11	C	Weak or Absent	Up	Down	Up	118.87%
May 10	B	Weak or Absent	Up	Up	Up	113.63%