Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 27	C	Strong	Up	Down	Flat	-23.00%
Apr 26	B	Strong	Up	Flat	Flat	-23.36%
Apr 25	B	Strong	Up	Flat	Flat	-23.30%
Apr 24	B	Strong	Up	Flat	Flat	-23.30%
Apr 21	A	Strong	Up	Up	Flat	-23.36%
Apr 20	A	Strong	Up	Up	Flat	-23.18%
Apr 19	A	Strong	Up	Up	Flat	-23.12%
Apr 18	A	Very Strong	Up	Up	Flat	-23.12%
Apr 17	A	Very Strong	Up	Up	Flat	-23.06%
Apr 14	A	Very Strong	Up	Up	Flat	-23.06%