Trend Table for ECL - Excelsior Capital Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 29	B	Weak or Absent	Up	Up	Up	2.69%
Jul 24	B	Weak or Absent	Up	Up	Up	3.02%
Jul 22	C	Weak or Absent	Up	Flat	Flat	4.01%
Jul 17	B	Weak or Absent	Up	Flat	Up	3.02%
Jul 16	B	Weak or Absent	Up	Flat	Up	3.02%
Jul 15	B	Weak or Absent	Up	Flat	Up	3.02%
Jul 12	C	Weak or Absent	Up	Flat	Up	3.35%
Jul 10	C	Weak or Absent	Up	Down	Up	4.69%
Jul 5	C	Weak or Absent	Up	Down	Flat	5.72%
Jul 4	C	Weak or Absent	Up	Down	Flat	6.06%