Trend Table for VLN - Velan Inc.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 7	B	Very Strong	Up	Up	Up	-6.08%
Nov 6	B	Very Strong	Up	Up	Up	-6.64%
Nov 5	A	Very Strong	Up	Up	Up	-4.61%
Nov 4	A	Very Strong	Up	Up	Up	-4.61%
Nov 1	A	Very Strong	Up	Up	Up	-5.02%
Oct 31	A	Very Strong	Up	Up	Up	-4.94%
Oct 30	B	Very Strong	Up	Up	Up	-6.00%
Oct 29	B	Very Strong	Up	Up	Up	-3.77%
Oct 28	B	Very Strong	Up	Up	Flat	-0.36%
Oct 25	B	Very Strong	Up	Up	Up	-0.72%