Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 9	B	Weak or Absent	Up	Up	Up	6.04%
May 8	B	Weak or Absent	Up	Up	Up	6.15%
May 7	B	Weak or Absent	Up	Up	Up	6.31%
May 6	B	Weak or Absent	Up	Up	Up	6.64%
May 3	B	Weak or Absent	Up	Up	Up	9.16%
May 2	A	Weak or Absent	Up	Up	Up	10.10%
May 1	B	Weak or Absent	Up	Up	Up	12.01%
Apr 30	C	Weak or Absent	Up	Down	Flat	16.39%
Apr 29	C	Weak or Absent	Up	Down	Up	16.33%
Apr 26	C	Weak or Absent	Up	Down	Up	16.04%