Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 20	D	Strong	Down	Down	Down	-4.33%
Sep 19	B	Strong	Up	Down	Flat	-6.00%
Sep 18	C	Strong	Up	Down	Up	-6.36%
Sep 15	C	Strong	Up	Down	Up	-9.25%
Sep 14	C	Strong	Up	Down	Up	-9.25%
Sep 13	D	Strong	Flat	Down	Down	-3.57%
Sep 12	D	Strong	Down	Down	Down	-2.71%
Sep 11	B	Strong	Up	Down	Flat	-5.73%
Sep 8	B	Strong	Up	Down	Up	-6.18%
Sep 7	D	Very Strong	Flat	Down	Down	-2.90%