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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 8	D	Weak or Absent	Up	Down	Down	61.97%
Feb 7	C	Weak or Absent	Up	Down	Down	61.51%
Feb 6	C	Weak or Absent	Up	Down	Down	53.34%
Feb 5	C	Weak or Absent	Up	Down	Down	53.41%
Feb 2	D	Weak or Absent	Up	Down	Down	55.30%
Feb 1	D	Weak or Absent	Up	Down	Down	54.03%
Jan 31	C	Weak or Absent	Up	Up	Down	50.15%
Jan 30	C	Weak or Absent	Up	Up	Up	44.71%
Jan 29	C	Weak or Absent	Up	Up	Up	41.39%
Jan 26	C	Weak or Absent	Up	Up	Up	42.82%