Trend Table for SHOO - Steven Madden, Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 9	C	Weak or Absent	Up	Down	Flat	36.32%
May 8	C	Weak or Absent	Up	Down	Down	39.27%
May 5	C	Weak or Absent	Up	Down	Down	39.23%
May 4	D	Weak or Absent	Down	Down	Down	42.45%
May 3	C	Weak or Absent	Up	Down	Down	38.72%
May 2	C	Weak or Absent	Up	Down	Down	36.56%
May 1	C	Weak or Absent	Up	Down	Down	33.10%
Apr 28	C	Weak or Absent	Up	Flat	Flat	30.21%
Apr 27	B	Weak or Absent	Up	Flat	Flat	29.62%
Apr 26	B	Weak or Absent	Up	Down	Down	33.41%