Trend Table for LPCN - Lipocine Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	C	Weak or Absent	Up	Up	Up	0.00%
May 16	C	Weak or Absent	Up	Up	Up	5.04%
May 15	C	Weak or Absent	Up	Up	Up	7.47%
May 14	C	Weak or Absent	Up	Up	Up	12.90%
May 13	C	Weak or Absent	Up	Up	Up	14.39%
May 10	B	Weak or Absent	Up	Up	Up	13.53%
May 9	B	Weak or Absent	Up	Up	Up	15.27%
May 8	B	Weak or Absent	Up	Up	Up	24.54%
May 7	B	Weak or Absent	Up	Up	Up	20.56%
May 6	B	Weak or Absent	Up	Up	Up	22.76%