Trend Table for LPCN - Lipocine Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	F	Strong	Down	Down	Down	20.14%
May 5	F	Strong	Down	Down	Down	21.28%
May 4	F	Strong	Down	Down	Down	18.07%
May 3	F	Strong	Down	Down	Down	17.88%
May 2	F	Strong	Down	Down	Down	11.38%
May 1	F	Strong	Down	Down	Down	8.99%
Apr 28	F	Strong	Down	Down	Down	13.35%
Apr 27	F	Strong	Down	Down	Down	5.25%
Apr 26	F	Strong	Down	Down	Down	9.11%
Apr 25	F	Strong	Down	Down	Down	3.12%