Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 29	F	Weak or Absent	Down	Down	Up	0.93%
Apr 26	F	Weak or Absent	Down	Down	Down	10.82%
Apr 25	F	Weak or Absent	Down	Down	Down	7.04%
Apr 24	F	Weak or Absent	Down	Down	Down	7.04%
Apr 23	F	Weak or Absent	Down	Down	Down	12.56%
Apr 22	F	Weak or Absent	Down	Down	Down	8.88%
Apr 19	F	Weak or Absent	Down	Down	Down	8.57%
Apr 18	F	Weak or Absent	Down	Down	Down	13.43%
Apr 17	F	Weak or Absent	Down	Down	Down	4.11%
Apr 16	F	Weak or Absent	Down	Down	Down	2.61%