Trend Table for ECL - Excelsior Capital Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 27	C	Weak or Absent	Up	Down	Flat	4.01%
May 24	C	Weak or Absent	Up	Down	Flat	4.01%
May 20	C	Weak or Absent	Up	Down	Down	4.35%
May 17	C	Weak or Absent	Up	Down	Down	6.06%
May 16	C	Weak or Absent	Up	Down	Down	5.72%
May 13	B	Weak or Absent	Up	Down	Down	4.35%
May 10	B	Weak or Absent	Up	Flat	Down	3.02%
May 9	B	Weak or Absent	Up	Flat	Down	3.02%
May 8	B	Weak or Absent	Up	Up	Down	1.72%
May 7	B	Weak or Absent	Up	Up	Down	1.72%