Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 20	C	Strong	Up	Up	Down	-47.26%
Jul 19	C	Strong	Up	Up	Flat	-50.04%
Jul 18	C	Strong	Up	Up	Flat	-51.11%
Jul 17	C	Strong	Up	Up	Down	-48.14%
Jul 14	C	Strong	Up	Up	Down	-47.35%
Jul 13	C	Strong	Up	Up	Down	-51.45%
Jul 12	C	Strong	Up	Up	Down	-50.76%
Jul 11	C	Very Strong	Up	Up	Down	-47.54%
Jul 10	C	Very Strong	Up	Up	Down	-44.80%
Jul 7	C	Very Strong	Up	Up	Down	-52.47%