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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 19	B	Strong	Up	Up	Down	0.00%
Nov 18	A	Strong	Up	Up	Flat	0.00%
Nov 15	A	Strong	Up	Up	Up	-0.74%
Nov 14	B	Strong	Up	Up	Up	-0.31%
Nov 13	B	Strong	Up	Up	Up	-1.42%
Nov 12	A	Strong	Up	Up	Up	-3.29%
Nov 11	A	Strong	Up	Up	Up	-3.41%
Nov 8	B	Weak or Absent	Up	Up	Up	-0.19%
Nov 7	B	Weak or Absent	Up	Up	Up	3.96%
Nov 6	B	Weak or Absent	Up	Up	Up	-0.40%