Trend Table for SHOO - Steven Madden, Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 27	B	Weak or Absent	Up	Up	Up	29.69%
Jan 26	B	Weak or Absent	Up	Up	Up	32.65%
Jan 25	B	Weak or Absent	Up	Up	Up	34.20%
Jan 24	B	Weak or Absent	Up	Up	Up	33.00%
Jan 23	B	Weak or Absent	Up	Up	Up	32.34%
Jan 20	D	Weak or Absent	Down	Up	Up	38.33%
Jan 19	D	Weak or Absent	Down	Down	Flat	41.31%
Jan 18	F	Weak or Absent	Down	Flat	Up	40.10%
Jan 17	C	Weak or Absent	Flat	Up	Up	36.76%
Jan 13	C	Weak or Absent	Flat	Up	Up	36.76%