Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 18	F	Weak or Absent	Down	Down	Up	20.86%
Apr 17	F	Weak or Absent	Down	Down	Up	12.86%
Apr 14	F	Weak or Absent	Down	Down	Up	20.16%
Apr 13	F	Weak or Absent	Down	Down	Down	23.96%
Apr 12	F	Weak or Absent	Down	Down	Down	28.12%
Apr 11	F	Weak or Absent	Down	Down	Down	24.17%
Apr 10	F	Weak or Absent	Down	Down	Down	28.01%
Apr 6	F	Weak or Absent	Down	Down	Down	28.12%
Apr 5	F	Weak or Absent	Down	Down	Down	21.83%
Apr 4	F	Weak or Absent	Down	Down	Down	18.25%