Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 25	C	Weak or Absent	Up	Flat	Up	15.08%
Apr 24	B	Weak or Absent	Up	Up	Up	13.83%
Apr 23	B	Weak or Absent	Up	Up	Up	13.65%
Apr 22	C	Weak or Absent	Up	Down	Up	15.18%
Apr 19	B	Weak or Absent	Up	Down	Up	16.42%
Apr 18	D	Weak or Absent	Down	Down	Down	21.61%
Apr 17	D	Weak or Absent	Down	Down	Down	24.91%
Apr 16	D	Weak or Absent	Down	Down	Down	23.00%
Apr 15	D	Weak or Absent	Up	Down	Down	18.43%
Apr 12	D	Weak or Absent	Up	Down	Down	17.50%