Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 24	F	Strong	Down	Down	Down	0.03%
Mar 23	F	Strong	Down	Down	Down	14.53%
Mar 22	F	Strong	Down	Down	Down	-0.24%
Mar 21	F	Strong	Down	Down	Down	-4.96%
Mar 20	D	Strong	Down	Down	Down	-8.65%
Mar 17	D	Strong	Down	Down	Down	-10.26%
Mar 16	F	Strong	Down	Down	Flat	-11.39%
Mar 15	D	Strong	Down	Down	Down	-9.03%
Mar 14	F	Strong	Down	Down	Down	-9.33%
Mar 13	C	Strong	Down	Down	Down	-9.09%