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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 4	C	Weak or Absent	Up	Up	Down	1.20%
Sep 3	C	Weak or Absent	Up	Up	Flat	-1.99%
Aug 30	C	Weak or Absent	Up	Up	Up	-5.20%
Aug 29	C	Weak or Absent	Up	Up	Up	-3.70%
Aug 28	B	Weak or Absent	Up	Up	Up	-4.05%
Aug 27	C	Weak or Absent	Up	Up	Up	-4.05%
Aug 26	C	Weak or Absent	Up	Up	Up	-2.10%
Aug 23	C	Weak or Absent	Up	Up	Up	-4.19%
Aug 22	C	Weak or Absent	Up	Up	Up	2.00%
Aug 21	C	Weak or Absent	Up	Up	Up	0.93%