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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 22	B	Weak or Absent	Up	Up	Up	59.40%
Apr 19	B	Weak or Absent	Up	Up	Up	60.01%
Apr 18	D	Weak or Absent	Flat	Down	Down	66.26%
Apr 17	D	Weak or Absent	Down	Down	Down	69.28%
Apr 16	D	Weak or Absent	Flat	Down	Down	66.10%
Apr 15	F	Weak or Absent	Down	Down	Down	67.76%
Apr 12	D	Weak or Absent	Down	Down	Down	67.42%
Apr 11	D	Weak or Absent	Flat	Down	Down	65.93%
Apr 10	D	Weak or Absent	Down	Down	Down	67.09%
Apr 9	C	Weak or Absent	Up	Up	Down	57.09%