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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 18	B	Weak or Absent	Up	Up	Up	53.50%
Jun 17	B	Weak or Absent	Up	Up	Up	51.63%
Jun 14	B	Weak or Absent	Up	Up	Flat	54.56%
Jun 13	B	Weak or Absent	Up	Up	Up	50.75%
Jun 12	B	Weak or Absent	Up	Up	Up	50.21%
Jun 11	B	Weak or Absent	Up	Up	Up	46.09%
Jun 10	C	Weak or Absent	Up	Up	Up	48.02%
Jun 7	F	Weak or Absent	Down	Down	Down	67.51%
Jun 6	C	Weak or Absent	Up	Down	Down	64.15%
Jun 5	D	Weak or Absent	Up	Down	Down	60.31%