Trend Table for LIPO - Lipella Pharmaceuticals Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	F	Weak or Absent	N/A	Down	Down	-77.20%
May 12	F	Weak or Absent	N/A	Down	Down	-77.56%
May 11	F	Weak or Absent	N/A	Down	Down	-77.69%
May 10	F	Weak or Absent	N/A	Down	Down	-77.70%
May 9	F	Weak or Absent	N/A	Down	Down	-77.45%
May 8	F	Weak or Absent	N/A	Down	Down	-78.04%
May 5	F	Weak or Absent	N/A	Down	Down	-78.61%
May 4	F	Weak or Absent	N/A	Down	Down	-77.93%
May 3	F	Weak or Absent	N/A	Down	Down	-78.39%
May 2	F	Weak or Absent	N/A	Down	Down	-78.16%