Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 16	C	Weak or Absent	Down	Up	Up	61.30%
May 15	C	Strong	Down	Up	Up	61.83%
May 14	C	Strong	Down	Up	Up	61.03%
May 13	D	Strong	Down	Up	Down	67.41%
May 10	D	Strong	Down	Up	Down	65.14%
May 9	C	Strong	Down	Up	Up	61.56%
May 8	C	Strong	Down	Up	Up	61.56%
May 7	C	Strong	Down	Up	Up	63.47%
May 6	C	Strong	Down	Up	Up	59.18%
May 3	C	Strong	Down	Up	Up	63.19%