Trend Table for IFRX - InflaRx N.V.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	D	Weak or Absent	Down	Up	Up	0.00%
May 16	F	Weak or Absent	Down	Flat	Up	12.41%
May 15	F	Weak or Absent	Down	Down	Up	16.43%
May 14	F	Weak or Absent	Down	Down	Up	13.99%
May 13	F	Weak or Absent	Down	Down	Down	30.40%
May 10	F	Weak or Absent	Down	Down	Down	38.14%
May 9	F	Weak or Absent	Down	Down	Down	35.83%
May 8	F	Weak or Absent	Down	Down	Down	35.83%
May 7	F	Weak or Absent	Down	Down	Down	31.45%
May 6	F	Weak or Absent	Down	Down	Down	25.87%