Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 23	F	Weak or Absent	Down	Down	Down	-2.64%
Jan 20	F	Weak or Absent	Down	Down	Down	-2.13%
Jan 19	F	Weak or Absent	Down	Down	Down	-6.25%
Jan 18	D	Weak or Absent	Down	Up	Up	-11.87%
Jan 17	D	Weak or Absent	Down	Up	Up	-18.27%
Jan 13	D	Weak or Absent	Down	Up	Up	-13.93%
Jan 12	F	Weak or Absent	Down	Down	Up	-8.56%
Jan 11	F	Weak or Absent	Down	Down	Up	-8.55%
Jan 10	F	Weak or Absent	Down	Down	Up	-7.53%
Jan 9	F	Weak or Absent	Down	Down	Down	1.58%