Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	F	Weak or Absent	Down	Down	Up	12.86%
May 5	F	Weak or Absent	Down	Down	Down	23.09%
May 4	F	Weak or Absent	Down	Down	Down	21.02%
May 3	F	Weak or Absent	Down	Down	Up	17.07%
May 2	F	Weak or Absent	Down	Down	Up	16.31%
May 1	F	Weak or Absent	Down	Down	Down	18.90%
Apr 28	F	Weak or Absent	Down	Down	Flat	15.64%
Apr 27	F	Weak or Absent	Down	Down	Down	20.00%
Apr 26	F	Weak or Absent	Down	Down	Down	21.02%
Apr 25	F	Weak or Absent	Down	Down	Down	18.90%