Trend Table for LPCN - Lipocine Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 15	F	Weak or Absent	Down	Down	Down	23.63%
Sep 14	F	Weak or Absent	Down	Down	Flat	18.73%
Sep 13	F	Weak or Absent	Down	Down	Flat	18.11%
Sep 12	F	Weak or Absent	Down	Down	Down	18.42%
Sep 11	F	Strong	Down	Down	Down	20.00%
Sep 8	F	Strong	Down	Down	Down	22.28%
Sep 7	F	Strong	Down	Down	Down	23.29%
Sep 6	F	Weak or Absent	Down	Down	Down	17.80%
Sep 5	F	Strong	Down	Down	Down	12.78%
Sep 1	F	Strong	Down	Down	Down	19.68%