Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	C	Strong	Up	Up	Up	41.59%
Sep 25	C	Strong	Up	Up	Up	31.19%
Sep 24	C	Weak or Absent	Up	Up	Up	46.59%
Sep 23	C	Weak or Absent	Up	Up	Up	65.86%
Sep 20	C	Weak or Absent	Up	Up	Up	72.00%
Sep 19	C	Weak or Absent	Up	Up	Up	77.25%
Sep 18	C	Weak or Absent	Up	Up	Up	78.62%
Sep 17	C	Weak or Absent	Up	Up	Up	78.62%
Sep 16	C	Weak or Absent	Up	Up	Up	80.84%
Sep 13	C	Weak or Absent	Up	Up	Up	80.28%