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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 11	C	Strong	Up	Up	Up	63.55%
Dec 8	C	Strong	Up	Up	Up	60.13%
Dec 7	C	Strong	Up	Up	Up	62.34%
Dec 6	C	Strong	Up	Up	Up	63.17%
Dec 5	C	Strong	Up	Up	Up	69.46%
Dec 4	C	Strong	Up	Up	Up	67.68%
Nov 30	D	Strong	Down	Up	Up	80.49%
Nov 29	C	Strong	Down	Up	Up	75.11%
Nov 28	D	Strong	Down	Up	Down	85.24%
Nov 27	C	Strong	Down	Up	Up	78.93%