Trend Table for HGBL - Heritage Global Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	A	Weak or Absent	Up	Up	Up	-45.09%
May 12	A	Weak or Absent	Up	Up	Up	-45.09%
May 11	A	Weak or Absent	Up	Up	Up	-44.72%
May 10	A	Weak or Absent	Up	Up	Up	-43.77%
May 9	B	Weak or Absent	Up	Up	Flat	-41.98%
May 8	A	Weak or Absent	Up	Up	Up	-42.59%
May 5	B	Weak or Absent	Up	Up	Down	-41.78%
May 4	B	Weak or Absent	Up	Up	Down	-41.36%
May 3	B	Weak or Absent	Up	Up	Down	-41.36%
May 2	B	Weak or Absent	Up	Up	Down	-42.39%