Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 13	F	Weak or Absent	Down	Down	Down	-7.72%
Dec 12	F	Weak or Absent	Down	Down	Flat	-13.61%
Dec 9	F	Weak or Absent	Down	Down	Down	-9.23%
Dec 8	F	Weak or Absent	Down	Down	Down	-13.65%
Dec 7	D	Weak or Absent	Down	Down	Up	-15.70%
Dec 6	F	Weak or Absent	Down	Down	Down	-10.46%
Dec 5	F	Weak or Absent	Down	Down	Down	-12.37%
Dec 2	F	Weak or Absent	Down	Down	Flat	-15.69%
Dec 1	F	Weak or Absent	Down	Down	Flat	-15.67%
Nov 30	F	Weak or Absent	Down	Down	Down	-15.70%