Trend Table for ZDGE - Zedge, Inc. Class B

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	D	Weak or Absent	Up	Up	Down	-6.86%
May 17	D	Weak or Absent	Up	Up	Down	-7.19%
May 16	C	Weak or Absent	Up	Up	Up	-11.34%
May 15	C	Weak or Absent	Up	Up	Flat	-9.15%
May 14	C	Weak or Absent	Up	Up	Up	-14.00%
May 13	C	Weak or Absent	Up	Up	Up	-12.84%
May 10	D	Weak or Absent	Up	Down	Up	-7.86%
May 9	C	Weak or Absent	Up	Up	Up	-12.24%
May 8	C	Weak or Absent	Up	Up	Up	-13.13%
May 7	C	Weak or Absent	Up	Flat	Up	-11.03%