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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 21	C	Weak or Absent	Down	Up	Up	46.61%
Jun 20	C	Weak or Absent	Down	Up	Up	46.61%
Jun 16	D	Weak or Absent	Down	Up	Down	54.17%
Jun 15	D	Weak or Absent	Down	Up	Down	53.56%
Jun 14	D	Weak or Absent	Down	Up	Down	57.01%
Jun 13	C	Weak or Absent	Down	Up	Up	50.26%
Jun 12	C	Weak or Absent	Down	Up	Flat	54.44%
Jun 9	C	Weak or Absent	Down	Up	Up	42.71%
Jun 8	C	Weak or Absent	Down	Up	Up	41.10%
Jun 7	D	Weak or Absent	Down	Up	Up	39.69%