Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 17	D	Weak or Absent	Down	Down	Down	92.83%
Jan 16	D	Weak or Absent	Down	Down	Down	92.83%
Jan 13	C	Weak or Absent	Down	Up	Up	84.74%
Jan 12	D	Weak or Absent	Down	Flat	Down	91.74%
Jan 11	C	Weak or Absent	Down	Up	Up	81.10%
Jan 10	B	Weak or Absent	Down	Up	Up	86.10%
Jan 9	C	Weak or Absent	Down	Up	Up	89.23%
Jan 6	C	Weak or Absent	Down	Up	Up	87.82%
Jan 5	C	Weak or Absent	Down	Up	Up	86.44%
Jan 4	D	Weak or Absent	Down	Down	Up	92.83%