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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 26	A	Weak or Absent	Up	Up	Up	22.06%
Apr 25	D	Weak or Absent	Up	Down	Flat	29.51%
Apr 24	B	Weak or Absent	Up	Up	Up	24.47%
Apr 23	B	Weak or Absent	Up	Up	Up	25.11%
Apr 22	B	Weak or Absent	Up	Up	Up	25.77%
Apr 19	B	Weak or Absent	Up	Up	Up	26.25%
Apr 18	D	Weak or Absent	Flat	Down	Down	31.18%
Apr 17	D	Weak or Absent	Down	Down	Down	33.56%
Apr 16	D	Weak or Absent	Flat	Down	Down	31.05%
Apr 15	F	Weak or Absent	Down	Down	Down	32.36%