Trend Table for HGBL - Heritage Global Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	F	Strong	Down	Down	Up	-38.27%
Dec 26	F	Strong	Down	Down	Up	-37.36%
Dec 22	F	Strong	Down	Down	Up	-36.67%
Dec 21	F	Strong	Down	Down	Up	-35.71%
Dec 20	F	Strong	Down	Down	Up	-36.90%
Dec 19	F	Strong	Down	Down	Up	-37.59%
Dec 18	F	Strong	Down	Down	Up	-36.90%
Dec 15	F	Strong	Down	Down	Up	-35.96%
Dec 14	F	Strong	Down	Down	Up	-35.47%
Dec 13	F	Strong	Down	Down	Down	-31.19%