Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 6	C	Very Strong	Up	Down	Up	-6.00%
Sep 5	C	Very Strong	Up	Down	Up	-6.00%
Sep 1	C	Very Strong	Up	Down	Up	-6.18%
Aug 31	C	Very Strong	Up	Down	Up	-5.73%
Aug 30	C	Very Strong	Up	Down	Up	-5.73%
Aug 29	C	Very Strong	Up	Down	Up	-4.80%
Aug 25	B	Very Strong	Up	Down	Up	-6.81%
Aug 24	B	Very Strong	Up	Down	Flat	-3.57%
Aug 23	B	Very Strong	Up	Down	Up	-4.33%
Aug 22	C	Very Strong	Up	Down	Flat	-2.90%