Trend Table for ELVA - Electrovaya Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 11	F	Strong	Down	Down	Down	-12.80%
Oct 10	F	Strong	Down	Down	Down	-14.54%
Oct 9	F	Strong	Down	Down	Down	-15.55%
Oct 6	F	Strong	Down	Down	Down	-12.45%
Oct 5	F	Strong	Down	Down	Down	-14.20%
Oct 4	D	Weak or Absent	Down	Down	Down	-16.54%
Oct 3	F	Weak or Absent	Down	Down	Down	-11.73%
Oct 2	F	Weak or Absent	Down	Down	Down	-18.44%
Sep 29	D	Weak or Absent	Down	Down	Down	-24.20%
Sep 28	D	Weak or Absent	Down	Down	Down	-27.29%