Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 1	F	Weak or Absent	Down	Down	Up	-24.00%
Feb 29	F	Weak or Absent	Down	Down	Up	-24.00%
Feb 28	F	Weak or Absent	Down	Down	Flat	-23.00%
Feb 27	F	Weak or Absent	Down	Down	Down	-19.15%
Feb 26	F	Weak or Absent	Down	Down	Down	-19.15%
Feb 23	F	Weak or Absent	Down	Down	Down	-18.29%
Feb 22	F	Weak or Absent	Down	Down	Down	-20.83%
Feb 21	F	Weak or Absent	Down	Down	Down	-25.49%
Feb 20	F	Weak or Absent	Down	Down	Down	-25.49%
Feb 16	F	Weak or Absent	Down	Down	Down	-26.21%