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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 27	D	Strong	Down	Down	Up	41.00%
Mar 24	C	Strong	Down	Down	Up	39.06%
Mar 23	C	Strong	Down	Down	Up	45.05%
Mar 22	C	Strong	Down	Down	Up	49.46%
Mar 21	C	Strong	Down	Down	Up	44.04%
Mar 20	C	Strong	Down	Down	Up	50.42%
Mar 17	C	Strong	Down	Down	Flat	51.84%
Mar 16	C	Strong	Down	Down	Up	48.65%
Mar 15	F	Strong	Down	Down	Down	58.44%
Mar 14	D	Strong	Down	Down	Down	55.24%