Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 28	B	Weak or Absent	Up	Down	Up	-40.59%
Sep 27	B	Weak or Absent	Up	Down	Up	-40.83%
Sep 26	B	Strong	Up	Down	Up	-40.83%
Sep 25	C	Strong	Up	Down	Flat	-39.83%
Sep 22	C	Strong	Up	Down	Down	-32.70%
Sep 21	C	Strong	Up	Down	Down	-35.45%
Sep 20	C	Weak or Absent	Up	Down	Down	-36.61%
Sep 19	C	Weak or Absent	Up	Down	Down	-39.32%
Sep 18	C	Weak or Absent	Up	Down	Down	-39.83%
Sep 15	C	Weak or Absent	Up	Down	Down	-42.74%