Trend Table for SHOO - Steven Madden, Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 28	C	Weak or Absent	Down	Down	Down	45.70%
Dec 27	B	Weak or Absent	Down	Up	Up	39.89%
Dec 23	B	Weak or Absent	Down	Up	Flat	41.22%
Dec 22	B	Weak or Absent	Down	Up	Down	42.01%
Dec 21	C	Weak or Absent	Down	Up	Down	42.45%
Dec 20	C	Weak or Absent	Down	Down	Down	46.26%
Dec 19	B	Weak or Absent	Down	Up	Down	44.42%
Dec 16	C	Weak or Absent	Down	Up	Down	44.74%
Dec 15	C	Weak or Absent	Down	Up	Down	41.39%
Dec 14	C	Strong	Down	Up	Down	37.29%