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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 31	D	Strong	Down	Down	Up	82.42%
Aug 30	D	Strong	Down	Down	Flat	84.64%
Aug 29	F	Strong	Down	Down	Down	85.33%
Aug 28	F	Strong	Down	Down	Down	89.15%
Aug 25	F	Strong	Down	Down	Down	90.29%
Aug 24	F	Strong	Down	Down	Down	91.44%
Aug 23	F	Strong	Down	Down	Down	88.44%
Aug 22	D	Strong	Down	Down	Down	86.52%
Aug 21	D	Strong	Down	Down	Down	80.90%
Aug 18	D	Strong	Down	Down	Down	81.37%