Trend Table for ELVA - Electrovaya Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 26	F	Very Strong	Down	Down	Down	12.25%
Aug 23	F	Very Strong	Down	Down	Up	8.53%
Aug 22	F	Very Strong	Down	Down	Up	10.10%
Aug 21	F	Very Strong	Down	Down	Up	9.05%
Aug 20	F	Very Strong	Down	Down	Up	10.90%
Aug 19	F	Very Strong	Down	Down	Up	11.17%
Aug 16	F	Strong	Down	Down	Down	12.81%
Aug 15	F	Strong	Down	Down	Down	12.25%
Aug 14	F	Strong	Down	Down	Down	16.84%
Aug 13	F	Strong	Down	Down	Down	11.73%