Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 2	C	Strong	Down	Up	Up	64.02%
May 1	B	Strong	Down	Up	Up	62.10%
Apr 30	C	Strong	Down	Up	Up	60.76%
Apr 29	C	Strong	Down	Up	Up	61.83%
Apr 26	C	Strong	Down	Up	Down	72.16%
Apr 24	C	Strong	Down	Up	Down	67.99%
Apr 23	C	Strong	Down	Up	Down	73.39%
Apr 22	C	Strong	Down	Up	Down	66.84%
Apr 19	C	Strong	Down	Up	Down	72.16%
Apr 18	C	Strong	Down	Up	Down	66.27%