Trend Table for ELVA - Electrovaya Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 8	B	Strong	Up	Up	Up	-51.14%
Jan 5	B	Strong	Up	Up	Up	-43.85%
Jan 4	D	Strong	Down	Up	Up	-35.78%
Jan 3	D	Strong	Down	Up	Up	-35.00%
Jan 2	D	Strong	Down	Up	Flat	-30.92%
Dec 29	F	Strong	Down	Up	Down	-29.90%
Dec 28	F	Strong	Down	Up	Down	-30.69%
Dec 27	D	Strong	Down	Up	Up	-32.76%
Dec 26	D	Strong	Down	Up	Up	-34.40%
Dec 22	D	Strong	Down	Up	Up	-31.25%