Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 13	F	Weak or Absent	Down	Down	Down	6.65%
May 10	F	Weak or Absent	Down	Down	Down	7.59%
May 9	F	Weak or Absent	Down	Down	Down	7.95%
May 8	F	Weak or Absent	Down	Down	Down	7.80%
May 7	F	Weak or Absent	Down	Down	Up	-1.04%
May 6	F	Weak or Absent	Down	Down	Up	2.43%
May 3	F	Weak or Absent	Down	Down	Up	3.68%
May 2	F	Weak or Absent	Down	Down	Up	-2.61%
May 1	F	Weak or Absent	Down	Down	Up	2.70%
Apr 30	F	Weak or Absent	Down	Down	Up	1.33%