Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 3	F	Weak or Absent	Down	Down	Up	85.66%
Jan 2	F	Weak or Absent	Down	Down	Up	80.15%
Dec 29	F	Weak or Absent	Down	Down	Up	81.16%
Dec 28	F	Weak or Absent	Down	Down	Up	86.73%
Dec 27	F	Weak or Absent	Down	Down	Up	87.81%
Dec 22	F	Weak or Absent	Down	Down	Down	90.77%
Dec 21	F	Weak or Absent	Down	Down	Flat	89.65%
Dec 20	F	Weak or Absent	Down	Down	Down	90.39%
Dec 19	F	Weak or Absent	Down	Down	Down	91.52%
Dec 18	F	Weak or Absent	Down	Down	Down	90.02%