Trend Table for SHOO - Steven Madden, Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	B	Weak or Absent	Up	Up	Up	-10.00%
Sep 25	B	Weak or Absent	Up	Up	Up	-8.93%
Sep 24	B	Weak or Absent	Up	Up	Up	-11.16%
Sep 23	B	Weak or Absent	Up	Up	Up	-9.50%
Sep 20	B	Weak or Absent	Up	Up	Up	-8.28%
Sep 19	B	Weak or Absent	Up	Up	Up	-9.08%
Sep 18	B	Weak or Absent	Up	Up	Up	-8.26%
Sep 17	A	Weak or Absent	Up	Up	Up	-7.56%
Sep 16	B	Weak or Absent	Up	Up	Up	-4.85%
Sep 13	B	Weak or Absent	Up	Up	Up	-4.54%