Trend Table for HOV - Hovnanian Enterprises, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 10	B	Very Strong	Up	Up	Up	13.30%
Jan 9	B	Very Strong	Up	Up	Up	15.70%
Jan 8	B	Very Strong	Up	Up	Up	14.32%
Jan 5	A	Very Strong	Up	Up	Up	17.77%
Jan 4	C	Very Strong	Up	Up	Down	22.87%
Jan 3	C	Very Strong	Up	Up	Down	24.24%
Jan 2	C	Very Strong	Up	Up	Down	19.69%
Dec 29	B	Very Strong	Up	Up	Up	16.78%
Dec 28	B	Very Strong	Up	Up	Up	15.24%
Dec 27	B	Very Strong	Up	Up	Up	15.08%