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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 13	F	Weak or Absent	Down	Down	Down	99.91%
Oct 12	F	Weak or Absent	Down	Down	Flat	98.18%
Oct 11	F	Weak or Absent	Down	Down	Up	96.15%
Oct 10	F	Weak or Absent	Down	Down	Flat	97.84%
Oct 9	F	Weak or Absent	Down	Down	Flat	97.50%
Oct 6	F	Weak or Absent	Down	Down	Up	95.70%
Oct 5	C	Weak or Absent	Down	Down	Up	94.60%
Oct 4	F	Strong	Down	Down	Flat	98.98%
Oct 3	F	Strong	Down	Down	Down	101.28%
Oct 2	F	Strong	Down	Down	Down	99.44%