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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 10	B	Strong	Down	Up	Up	90.29%
Nov 9	C	Strong	Down	Flat	Flat	94.27%
Nov 8	C	Strong	Down	Flat	Down	94.38%
Nov 7	B	Strong	Down	Up	Up	87.09%
Nov 6	C	Strong	Down	Up	Up	90.19%
Nov 3	C	Weak or Absent	Down	Up	Up	82.81%
Nov 2	C	Weak or Absent	Down	Flat	Up	93.72%
Nov 1	F	Weak or Absent	Down	Down	Down	100.72%
Oct 31	F	Weak or Absent	Down	Down	Flat	97.61%
Oct 30	F	Weak or Absent	Down	Down	Down	102.73%