Trend Table for XELB - Xcel Brands, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 11	F	Weak or Absent	Down	Flat	Up	11.60%
Jul 10	F	Weak or Absent	Down	Down	Up	15.01%
Jul 9	F	Weak or Absent	Down	Down	Up	16.91%
Jul 8	F	Weak or Absent	Down	Down	Up	21.41%
Jul 5	F	Weak or Absent	Down	Down	Flat	24.59%
Jul 3	F	Weak or Absent	Down	Down	Up	18.75%
Jul 2	F	Weak or Absent	Down	Down	Down	27.09%
Jul 1	F	Weak or Absent	Down	Down	Down	24.53%
Jun 28	F	Weak or Absent	Down	Down	Down	28.81%
Jun 27	F	Weak or Absent	Down	Down	Down	23.08%