Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 8	C	Weak or Absent	Up	Down	Down	-37.70%
Sep 7	C	Weak or Absent	Up	Down	Down	-38.71%
Sep 6	C	Weak or Absent	Up	Down	Down	-40.63%
Sep 5	C	Strong	Up	Down	Down	-41.98%
Sep 1	D	Strong	Up	Down	Down	-43.70%
Aug 31	D	Strong	Up	Down	Down	-41.54%
Aug 30	D	Strong	Up	Down	Down	-45.71%
Aug 29	D	Strong	Up	Down	Down	-39.68%
Aug 28	C	Strong	Up	Down	Down	-39.68%
Aug 25	B	Strong	Up	Down	Down	-42.42%