Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 27	D	Strong	Down	Flat	Down	-9.23%
Feb 24	C	Strong	Down	Up	Down	-10.38%
Feb 23	D	Strong	Down	Flat	Down	-9.23%
Feb 22	D	Strong	Down	Flat	Down	-9.23%
Feb 21	C	Strong	Down	Up	Down	-10.38%
Feb 17	D	Strong	Down	Up	Down	-15.46%
Feb 16	D	Strong	Down	Up	Flat	-15.71%
Feb 15	D	Strong	Down	Up	Down	-13.50%
Feb 14	D	Strong	Down	Up	Up	-16.71%
Feb 13	D	Strong	Down	Up	Up	-16.71%