Trend Table for SHOO - Steven Madden, Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	C	Weak or Absent	Up	Down	Down	43.21%
May 5	C	Weak or Absent	Up	Down	Down	43.17%
May 4	D	Weak or Absent	Down	Down	Down	46.48%
May 3	C	Weak or Absent	Up	Down	Down	42.65%
May 2	C	Weak or Absent	Up	Down	Down	40.43%
May 1	C	Weak or Absent	Up	Down	Down	36.86%
Apr 28	C	Weak or Absent	Up	Flat	Flat	33.90%
Apr 27	B	Weak or Absent	Up	Flat	Flat	33.29%
Apr 26	B	Weak or Absent	Up	Down	Down	37.18%
Apr 25	C	Weak or Absent	Up	Down	Down	35.56%