Trend Table for VLN - Velan Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 12	B	Weak or Absent	Up	Up	Up	78.89%
Sep 11	B	Weak or Absent	Up	Up	Up	77.52%
Sep 10	B	Weak or Absent	Up	Up	Up	79.17%
Sep 9	B	Weak or Absent	Up	Up	Up	82.83%
Sep 6	B	Weak or Absent	Up	Up	Up	82.26%
Sep 5	B	Weak or Absent	Up	Up	Up	83.12%
Sep 4	C	Weak or Absent	Up	Flat	Down	88.78%
Sep 3	B	Weak or Absent	Up	Up	Up	84.29%
Aug 30	C	Weak or Absent	Up	Up	Down	88.78%
Aug 29	C	Weak or Absent	Up	Up	Up	84.29%