Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 15	A	Very Strong	Up	Up	Flat	-23.48%
Mar 14	A	Very Strong	Up	Up	Flat	-23.66%
Mar 13	A	Very Strong	Up	Up	Flat	-23.66%
Mar 10	A	Very Strong	Up	Up	Flat	-23.72%
Mar 9	A	Very Strong	Up	Up	Flat	-23.72%
Mar 8	A	Very Strong	Up	Up	Flat	-24.02%
Mar 7	A	Very Strong	Up	Up	Flat	-23.96%
Mar 6	A	Very Strong	Up	Up	Flat	-23.96%
Mar 3	A	Very Strong	Up	Up	Flat	-23.54%
Mar 2	A	Very Strong	Up	Up	Flat	-23.60%