Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 21	F	Weak or Absent	Down	Down	Down	1.60%
Dec 20	F	Weak or Absent	Down	Down	Down	0.41%
Dec 19	D	Weak or Absent	Down	Down	Up	-8.53%
Dec 16	D	Weak or Absent	Down	Down	Up	-10.79%
Dec 15	F	Weak or Absent	Down	Down	Down	1.58%
Dec 14	F	Weak or Absent	Down	Down	Down	-2.62%
Dec 13	F	Weak or Absent	Down	Down	Down	-4.65%
Dec 12	F	Weak or Absent	Down	Down	Flat	-10.74%
Dec 9	F	Weak or Absent	Down	Down	Down	-6.22%
Dec 8	F	Weak or Absent	Down	Down	Down	-10.78%