Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 13	A	Very Strong	Up	Up	Flat	-23.12%
Apr 12	A	Very Strong	Up	Up	Flat	-23.36%
Apr 11	A	Very Strong	Up	Up	Down	-22.88%
Apr 10	A	Very Strong	Up	Up	Down	-22.76%
Apr 6	A	Very Strong	Up	Up	Down	-22.82%
Apr 5	A	Very Strong	Up	Up	Flat	-23.60%
Apr 4	A	Very Strong	Up	Up	Flat	-23.60%
Apr 3	A	Very Strong	Up	Up	Flat	-23.66%
Mar 31	A	Very Strong	Up	Up	Flat	-23.72%
Mar 30	A	Very Strong	Up	Up	Flat	-23.72%