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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 8	C	Weak or Absent	Up	Up	Down	58.13%
Apr 5	C	Weak or Absent	Up	Up	Down	58.28%
Apr 4	C	Weak or Absent	Up	Up	Down	57.39%
Apr 3	D	Weak or Absent	Up	Down	Down	60.24%
Apr 2	D	Weak or Absent	Up	Down	Down	60.39%
Apr 1	D	Weak or Absent	Up	Up	Up	56.94%
Mar 28	D	Weak or Absent	Up	Up	Up	50.75%
Mar 27	D	Weak or Absent	Up	Up	Up	49.34%
Mar 26	C	Weak or Absent	Up	Up	Up	50.82%
Mar 25	C	Weak or Absent	Up	Up	Up	52.17%