Trend Table for HCWB - HCW Biologics Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 7	F	Weak or Absent	Down	Down	Down	-52.52%
May 6	F	Weak or Absent	Down	Down	Down	-52.52%
May 3	F	Weak or Absent	Down	Down	Down	-54.30%
May 2	F	Weak or Absent	Down	Down	Down	-53.95%
May 1	F	Weak or Absent	Down	Down	Down	-55.85%
Apr 30	F	Weak or Absent	Down	Down	Down	-56.59%
Apr 29	F	Weak or Absent	Down	Down	Down	-56.89%
Apr 26	D	Weak or Absent	Down	Down	Down	-56.58%
Apr 25	D	Strong	Down	Down	Down	-58.37%
Apr 24	D	Strong	Down	Down	Down	-59.48%