Trend Table for LIPO - Lipella Pharmaceuticals Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 24	F	Weak or Absent	Down	Down	Down	-34.53%
May 23	F	Weak or Absent	Down	Down	Down	-35.06%
May 22	F	Weak or Absent	Down	Down	Down	-34.21%
May 21	F	Weak or Absent	Down	Down	Down	-41.64%
May 20	D	Weak or Absent	Down	Up	Up	-43.71%
May 17	D	Weak or Absent	Down	Up	Up	-43.41%
May 16	D	Weak or Absent	Down	Up	Up	-44.25%
May 15	D	Weak or Absent	Down	Up	Up	-44.31%
May 14	D	Weak or Absent	Down	Up	Up	-43.33%
May 13	F	Weak or Absent	Down	Flat	Down	-42.00%