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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 25	C	Weak or Absent	Up	Down	Down	24.77%
Oct 24	B	Weak or Absent	Up	Up	Down	21.78%
Oct 23	B	Weak or Absent	Up	Up	Down	21.73%
Oct 22	C	Weak or Absent	Up	Up	Down	21.15%
Oct 21	C	Weak or Absent	Up	Up	Flat	20.45%
Oct 18	B	Weak or Absent	Up	Up	Up	17.28%
Oct 17	B	Weak or Absent	Up	Up	Up	15.80%
Oct 16	A	Weak or Absent	Up	Up	Up	14.71%
Oct 15	B	Weak or Absent	Up	Up	Up	17.78%
Oct 14	B	Weak or Absent	Up	Up	Up	19.05%