Trend Table for ELVA - Electrovaya Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 7	D	Weak or Absent	Down	Up	Up	4.04%
Nov 6	F	Weak or Absent	Down	Down	Up	8.16%
Nov 5	F	Weak or Absent	Down	Down	Down	11.54%
Nov 4	F	Weak or Absent	Down	Down	Down	10.48%
Nov 1	F	Weak or Absent	Down	Down	Down	12.62%
Oct 31	F	Weak or Absent	Down	Down	Down	12.62%
Oct 30	F	Weak or Absent	Down	Down	Down	9.43%
Oct 29	D	Weak or Absent	Down	Down	Down	10.74%
Oct 28	D	Weak or Absent	Down	Down	Down	10.23%
Oct 25	D	Weak or Absent	Down	Down	Down	8.92%