Trend Table for HOV - Hovnanian Enterprises, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	C	Strong	Up	Up	Up	5.80%
May 17	C	Strong	Up	Up	Up	5.58%
May 16	C	Weak or Absent	Up	Up	Up	4.73%
May 15	B	Weak or Absent	Up	Up	Up	-0.78%
May 14	B	Weak or Absent	Up	Up	Up	5.44%
May 13	B	Weak or Absent	Up	Up	Up	7.54%
May 10	B	Weak or Absent	Up	Up	Up	7.03%
May 9	B	Weak or Absent	Up	Up	Up	8.25%
May 8	B	Weak or Absent	Up	Up	Up	15.24%
May 7	B	Weak or Absent	Up	Up	Up	13.77%