Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 27	D	Weak or Absent	Up	Up	Up	10.39%
Mar 26	D	Weak or Absent	Up	Down	Up	13.90%
Mar 25	D	Weak or Absent	Up	Down	Up	13.90%
Mar 22	D	Weak or Absent	Up	Down	Up	13.83%
Mar 21	D	Weak or Absent	Up	Down	Up	12.19%
Mar 20	D	Weak or Absent	Up	Down	Up	13.28%
Mar 19	D	Weak or Absent	Up	Down	Down	17.99%
Mar 18	D	Weak or Absent	Up	Down	Down	18.83%
Mar 15	D	Weak or Absent	Up	Down	Down	17.56%
Mar 14	D	Weak or Absent	Up	Down	Down	18.96%