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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 6	D	Weak or Absent	Down	Up	Up	46.52%
Jun 5	D	Weak or Absent	Down	Up	Up	58.01%
Jun 2	D	Weak or Absent	Down	Up	Up	55.01%
Jun 1	F	Weak or Absent	Down	Down	Down	75.14%
May 31	F	Weak or Absent	Down	Down	Down	76.28%
May 30	F	Weak or Absent	Down	Down	Down	71.04%
May 26	D	Weak or Absent	Down	Down	Up	68.97%
May 25	D	Weak or Absent	Down	Down	Up	61.88%
May 24	D	Weak or Absent	Down	Down	Up	63.08%
May 23	C	Weak or Absent	Down	Flat	Up	57.66%