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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 15	F	Strong	Down	Down	Down	89.56%
Sep 14	D	Strong	Down	Down	Up	83.57%
Sep 13	F	Strong	Down	Down	Down	91.86%
Sep 12	D	Strong	Down	Down	Down	87.52%
Sep 11	F	Strong	Down	Down	Down	91.02%
Sep 8	D	Strong	Down	Down	Down	86.82%
Sep 7	F	Strong	Down	Down	Down	91.86%
Sep 6	F	Strong	Down	Down	Down	88.84%
Sep 5	D	Strong	Down	Down	Up	83.57%
Sep 1	D	Strong	Down	Down	Up	74.91%