Trend Table for HGBL - Heritage Global Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 19	A	Strong	Up	Up	Flat	-34.59%
Dec 16	A	Strong	Up	Up	Up	-35.61%
Dec 15	A	Strong	Up	Up	Up	-35.36%
Dec 14	A	Strong	Up	Up	Up	-35.86%
Dec 13	A	Strong	Up	Up	Up	-37.81%
Dec 12	A	Strong	Up	Up	Up	-39.41%
Dec 9	A	Strong	Up	Up	Up	-36.36%
Dec 8	B	Strong	Up	Up	Flat	-31.30%
Dec 7	B	Strong	Up	Up	Down	-29.83%
Dec 6	B	Strong	Up	Up	Down	-30.13%