Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 15	F	Weak or Absent	Down	Down	Down	-26.21%
Feb 14	F	Weak or Absent	Down	Down	Down	-27.62%
Feb 13	F	Weak or Absent	Down	Down	Down	-26.92%
Feb 12	F	Weak or Absent	Down	Down	Down	-29.63%
Feb 9	F	Weak or Absent	Down	Down	Down	-28.97%
Feb 8	F	Weak or Absent	Down	Down	Down	-28.30%
Feb 7	F	Weak or Absent	Down	Down	Down	-26.57%
Feb 6	F	Weak or Absent	Down	Down	Down	-28.30%
Feb 5	D	Weak or Absent	Down	Down	Down	-30.91%
Feb 2	D	Strong	Flat	Down	Down	-35.59%