Trend Table for HCWB - HCW Biologics Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 21	F	Weak or Absent	Down	Down	Down	-45.04%
May 20	F	Weak or Absent	Down	Down	Down	-45.24%
May 17	F	Weak or Absent	Down	Down	Down	-44.75%
May 16	F	Weak or Absent	Down	Down	Down	-44.75%
May 15	F	Weak or Absent	Down	Down	Down	-47.60%
May 14	F	Weak or Absent	Down	Down	Down	-47.15%
May 13	F	Weak or Absent	Down	Down	Down	-45.73%
May 10	F	Weak or Absent	Down	Down	Down	-46.21%
May 9	F	Weak or Absent	Down	Down	Down	-49.35%
May 8	F	Weak or Absent	Down	Down	Down	-47.60%