Trend Table for SHOO - Steven Madden, Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	F	Strong	Down	Down	Down	44.57%
May 22	F	Strong	Down	Down	Down	46.47%
May 19	D	Strong	Down	Down	Down	47.27%
May 18	D	Strong	Flat	Down	Flat	39.74%
May 17	C	Strong	Up	Down	Flat	39.44%
May 16	D	Strong	Down	Down	Down	41.74%
May 15	C	Weak or Absent	Up	Down	Down	39.57%
May 12	C	Weak or Absent	Up	Down	Down	39.10%
May 11	C	Weak or Absent	Up	Down	Down	38.89%
May 10	C	Weak or Absent	Up	Down	Down	38.26%