Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 17	C	Strong	Down	Up	Down	65.14%
Apr 16	D	Strong	Down	Up	Down	65.14%
Apr 15	D	Very Strong	Down	Up	Down	63.74%
Apr 12	D	Very Strong	Down	Up	Down	61.56%
Apr 11	C	Very Strong	Down	Up	Flat	56.87%
Apr 10	C	Very Strong	Down	Up	Flat	58.92%
Apr 9	D	Very Strong	Down	Up	Up	58.92%
Apr 8	C	Very Strong	Down	Up	Up	57.89%
Apr 5	D	Very Strong	Down	Up	Up	57.89%
Apr 4	D	Very Strong	Down	Up	Up	53.64%