Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 13	D	Weak or Absent	Up	Down	Down	15.27%
Mar 12	D	Weak or Absent	Up	Down	Down	15.02%
Mar 11	D	Weak or Absent	Up	Down	Down	14.11%
Mar 8	D	Weak or Absent	Up	Down	Flat	12.80%
Mar 7	D	Weak or Absent	Up	Down	Flat	12.76%
Mar 6	D	Weak or Absent	Up	Down	Flat	13.63%
Mar 5	C	Weak or Absent	Up	Flat	Up	8.62%
Mar 4	D	Weak or Absent	Up	Flat	Up	9.24%
Mar 1	D	Weak or Absent	Up	Down	Down	15.43%
Feb 29	D	Weak or Absent	Up	Down	Down	13.99%