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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 27	F	Weak or Absent	Down	Down	Flat	97.16%
Oct 26	B	Weak or Absent	Down	Up	Up	88.62%
Oct 25	D	Weak or Absent	Down	Down	Flat	96.93%
Oct 24	F	Weak or Absent	Down	Down	Down	99.39%
Oct 23	D	Weak or Absent	Down	Down	Up	96.26%
Oct 20	B	Weak or Absent	Down	Down	Up	94.27%
Oct 19	F	Weak or Absent	Down	Down	Down	100.02%
Oct 18	F	Weak or Absent	Down	Down	Flat	96.59%
Oct 17	F	Weak or Absent	Down	Down	Flat	96.82%
Oct 16	F	Weak or Absent	Down	Down	Down	100.49%