Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 15	F	Weak or Absent	Down	Down	Down	1.95%
Mar 14	F	Weak or Absent	Down	Down	Up	-22.45%
Mar 13	F	Weak or Absent	Down	Down	Up	-22.45%
Mar 12	F	Weak or Absent	Down	Down	Up	-23.65%
Mar 11	F	Weak or Absent	Down	Down	Down	-19.15%
Mar 8	F	Weak or Absent	Down	Down	Down	-14.81%
Mar 7	F	Weak or Absent	Down	Down	Down	-20.00%
Mar 6	F	Weak or Absent	Down	Down	Down	-19.99%
Mar 5	F	Weak or Absent	Down	Down	Down	-19.15%
Mar 4	F	Weak or Absent	Down	Down	Down	-20.00%