Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 13	C	Weak or Absent	Up	Up	Up	50.78%
Sep 12	B	Weak or Absent	Up	Up	Up	49.61%
Sep 11	B	Weak or Absent	Up	Up	Up	48.47%
Sep 10	B	Weak or Absent	Up	Up	Up	49.85%
Sep 9	B	Weak or Absent	Up	Up	Up	52.91%
Sep 6	B	Weak or Absent	Up	Up	Up	52.43%
Sep 5	B	Weak or Absent	Up	Up	Up	53.15%
Sep 4	C	Weak or Absent	Up	Flat	Down	57.89%
Sep 3	B	Weak or Absent	Up	Up	Up	54.13%
Aug 30	C	Weak or Absent	Up	Up	Down	57.89%