Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 27	C	Strong	Up	Up	Up	13.43%
Sep 26	C	Strong	Up	Up	Up	18.41%
Sep 25	C	Strong	Up	Up	Up	9.72%
Sep 24	C	Weak or Absent	Up	Up	Up	22.60%
Sep 23	C	Weak or Absent	Up	Up	Up	38.71%
Sep 20	C	Weak or Absent	Up	Up	Up	43.85%
Sep 19	C	Weak or Absent	Up	Up	Up	48.24%
Sep 18	C	Weak or Absent	Up	Up	Up	49.38%
Sep 17	C	Weak or Absent	Up	Up	Up	49.38%
Sep 16	C	Weak or Absent	Up	Up	Up	51.25%