Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 19	F	Strong	Down	Down	Flat	87.81%
Mar 15	F	Weak or Absent	Down	Down	Down	89.65%
Mar 14	F	Weak or Absent	Down	Down	Down	90.77%
Mar 13	D	Weak or Absent	Down	Up	Up	83.21%
Mar 12	F	Weak or Absent	Down	Down	Up	86.37%
Mar 11	F	Weak or Absent	Down	Down	Down	91.52%
Mar 8	F	Weak or Absent	Down	Down	Down	90.02%
Mar 7	F	Weak or Absent	Down	Down	Down	89.65%
Mar 6	F	Weak or Absent	Down	Down	Flat	87.81%
Mar 5	F	Weak or Absent	Down	Down	Flat	88.54%