Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	B	Strong	Up	Up	Down	-14.37%
May 30	B	Strong	Up	Up	Up	-19.02%
May 26	B	Strong	Up	Up	Up	-17.22%
May 25	B	Strong	Up	Up	Up	-19.56%
May 24	B	Strong	Up	Up	Up	-17.22%
May 23	B	Strong	Up	Up	Up	-16.83%
May 22	B	Strong	Flat	Up	Up	-12.35%
May 19	C	Strong	Down	Up	Up	-11.31%
May 18	C	Strong	Down	Up	Up	-11.82%
May 17	C	Strong	Down	Up	Up	-9.15%