Trend Table for ELVA - Electrovaya Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 5	F	Weak or Absent	Down	Down	Down	10.10%
Nov 4	F	Weak or Absent	Down	Down	Down	9.05%
Nov 1	F	Weak or Absent	Down	Down	Down	11.17%
Oct 31	F	Weak or Absent	Down	Down	Down	11.17%
Oct 30	F	Weak or Absent	Down	Down	Down	8.02%
Oct 29	D	Weak or Absent	Down	Down	Down	9.31%
Oct 28	D	Weak or Absent	Down	Down	Down	8.81%
Oct 25	D	Weak or Absent	Down	Down	Down	7.51%
Oct 24	D	Weak or Absent	Down	Up	Flat	3.15%
Oct 23	D	Weak or Absent	Down	Flat	Down	6.02%