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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 6	D	Weak or Absent	Down	Down	Down	57.91%
Jul 5	D	Weak or Absent	Down	Up	Down	50.37%
Jul 3	D	Weak or Absent	Down	Up	Flat	47.63%
Jun 30	D	Weak or Absent	Down	Up	Down	51.10%
Jun 29	D	Weak or Absent	Down	Up	Down	48.53%
Jun 28	D	Weak or Absent	Down	Up	Down	50.24%
Jun 27	C	Weak or Absent	Down	Up	Up	44.80%
Jun 26	C	Weak or Absent	Down	Up	Up	45.98%
Jun 23	C	Weak or Absent	Down	Up	Down	48.92%
Jun 22	C	Weak or Absent	Down	Up	Down	51.51%