Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 28	F	Weak or Absent	Down	Down	Down	3.95%
Dec 27	F	Weak or Absent	Down	Down	Down	0.97%
Dec 23	F	Weak or Absent	Down	Down	Down	-4.31%
Dec 22	F	Weak or Absent	Down	Down	Down	-0.58%
Dec 21	F	Weak or Absent	Down	Down	Down	-1.67%
Dec 20	F	Weak or Absent	Down	Down	Down	-2.81%
Dec 19	D	Weak or Absent	Down	Down	Up	-11.47%
Dec 16	D	Weak or Absent	Down	Down	Up	-13.66%
Dec 15	F	Weak or Absent	Down	Down	Down	-1.68%
Dec 14	F	Weak or Absent	Down	Down	Down	-5.75%