Trend Table for LPCN - Lipocine Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	F	Strong	Down	Down	Down	23.40%
May 19	F	Very Strong	Down	Down	Down	32.89%
May 18	F	Very Strong	Down	Down	Down	36.51%
May 17	F	Strong	Down	Down	Down	38.40%
May 16	F	Strong	Down	Down	Down	41.93%
May 15	F	Strong	Down	Down	Down	16.78%
May 12	F	Strong	Down	Down	Down	16.24%
May 11	D	Strong	Down	Down	Up	3.41%
May 10	F	Strong	Down	Down	Up	10.96%
May 9	F	Strong	Down	Down	Down	17.88%