Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 14	C	Weak or Absent	Up	Down	Down	-44.60%
Sep 13	C	Weak or Absent	Up	Down	Down	-44.60%
Sep 12	C	Weak or Absent	Up	Down	Down	-45.47%
Sep 11	C	Weak or Absent	Up	Down	Down	-43.71%
Sep 8	C	Weak or Absent	Up	Down	Down	-42.79%
Sep 7	C	Weak or Absent	Up	Down	Down	-43.71%
Sep 6	C	Weak or Absent	Up	Down	Down	-45.47%
Sep 5	C	Strong	Up	Down	Down	-46.72%
Sep 1	D	Strong	Up	Down	Down	-48.30%
Aug 31	D	Strong	Up	Down	Down	-46.31%