Trend Table for SHOO - Steven Madden, Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 22	C	Weak or Absent	Up	Down	Up	10.34%
Apr 19	C	Weak or Absent	Up	Down	Down	12.00%
Apr 18	C	Weak or Absent	Up	Down	Down	13.66%
Apr 17	C	Weak or Absent	Up	Down	Down	12.89%
Apr 16	D	Weak or Absent	Up	Down	Down	12.20%
Apr 15	D	Weak or Absent	Up	Down	Down	12.03%
Apr 12	D	Weak or Absent	Up	Down	Down	12.09%
Apr 11	D	Weak or Absent	Up	Down	Down	11.71%
Apr 10	D	Weak or Absent	Up	Down	Down	10.56%
Apr 9	D	Weak or Absent	Up	Down	Down	7.47%