Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 21	C	Very Strong	Up	Down	Flat	-2.90%
Aug 18	B	Very Strong	Up	Down	Up	-3.86%
Aug 17	B	Very Strong	Up	Down	Flat	-3.77%
Aug 16	C	Very Strong	Up	Down	Flat	-2.90%
Aug 15	C	Very Strong	Up	Down	Down	-2.41%
Aug 14	C	Very Strong	Up	Down	Down	-4.80%
Aug 11	C	Very Strong	Up	Down	Down	-3.48%
Aug 10	C	Very Strong	Up	Down	Down	-2.90%
Aug 9	C	Very Strong	Up	Down	Down	-2.90%
Aug 8	C	Very Strong	Up	Down	Down	-2.90%