Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 3	A	Strong	Up	Up	Up	-59.74%
Aug 2	A	Strong	Up	Up	Up	-58.77%
Aug 1	B	Strong	Up	Up	Up	-58.52%
Jul 31	B	Strong	Up	Up	Up	-60.43%
Jul 28	B	Strong	Up	Up	Up	-61.11%
Jul 27	B	Strong	Up	Up	Up	-59.26%
Jul 26	B	Strong	Up	Up	Up	-56.40%
Jul 25	C	Strong	Up	Up	Up	-50.76%
Jul 24	C	Strong	Up	Up	Up	-51.11%
Jul 21	C	Strong	Up	Up	Flat	-48.53%