Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 15	C	Weak or Absent	Up	Up	Up	58.14%
Aug 14	B	Weak or Absent	Up	Up	Up	58.40%
Aug 13	B	Weak or Absent	Up	Up	Up	59.18%
Aug 12	B	Weak or Absent	Up	Up	Up	59.18%
Aug 9	C	Weak or Absent	Up	Down	Down	64.30%
Aug 8	C	Weak or Absent	Up	Down	Down	63.74%
Aug 7	C	Weak or Absent	Up	Down	Down	64.86%
Aug 6	C	Weak or Absent	Up	Flat	Down	63.74%
Aug 2	B	Weak or Absent	Up	Up	Down	60.50%
Aug 1	C	Weak or Absent	Up	Up	Up	55.61%