Trend Table for HCWB - HCW Biologics Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 13	F	Weak or Absent	Down	Down	Up	-54.97%
Dec 12	F	Weak or Absent	Down	Down	Down	-49.24%
Dec 11	F	Weak or Absent	Down	Down	Flat	-50.14%
Dec 8	F	Weak or Absent	Down	Down	Down	-49.24%
Dec 7	F	Weak or Absent	Down	Down	Down	-49.24%
Dec 6	F	Weak or Absent	Down	Down	Down	-49.24%
Dec 5	F	Weak or Absent	Down	Down	Up	-51.02%
Dec 4	F	Weak or Absent	Down	Down	Flat	-49.69%
Nov 30	F	Weak or Absent	Down	Down	Down	-48.30%
Nov 29	F	Weak or Absent	Down	Down	Up	-48.77%