Trend Table for HCWB - HCW Biologics Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 1	F	Weak or Absent	Down	Down	Down	0.00%
Sep 30	F	Weak or Absent	Down	Down	Down	-9.12%
Sep 27	F	Weak or Absent	Down	Down	Down	-4.13%
Sep 26	F	Weak or Absent	Down	Down	Down	-9.36%
Sep 25	F	Weak or Absent	Down	Down	Down	-7.77%
Sep 24	F	Strong	Down	Down	Down	-10.87%
Sep 23	D	Strong	Down	Up	Up	-17.27%
Sep 20	D	Strong	Down	Up	Up	-20.03%
Sep 19	F	Strong	Down	Down	Down	-1.96%
Sep 18	D	Strong	Down	Up	Up	-18.29%