Trend Table for FMAO - Farmers & Merchants Bancorp, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 22	B	Strong	Up	Up	Up	0.00%
Nov 21	B	Strong	Up	Up	Flat	1.76%
Nov 20	B	Strong	Up	Up	Down	3.38%
Nov 19	B	Strong	Up	Up	Down	3.00%
Nov 18	A	Strong	Up	Up	Flat	3.00%
Nov 15	A	Strong	Up	Up	Up	2.23%
Nov 14	B	Strong	Up	Up	Up	2.68%
Nov 13	B	Strong	Up	Up	Up	1.54%
Nov 12	A	Strong	Up	Up	Up	-0.39%
Nov 11	A	Strong	Up	Up	Up	-0.51%