Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 28	D	Weak or Absent	Up	Down	Down	16.13%
Feb 27	D	Weak or Absent	Up	Down	Down	15.28%
Feb 26	D	Weak or Absent	Up	Down	Down	15.41%
Feb 23	D	Weak or Absent	Up	Down	Down	13.28%
Feb 22	D	Weak or Absent	Up	Down	Down	13.70%
Feb 21	D	Weak or Absent	Up	Down	Up	11.70%
Feb 20	D	Weak or Absent	Up	Down	Down	13.52%
Feb 16	D	Weak or Absent	Up	Down	Flat	12.20%
Feb 15	D	Weak or Absent	Up	Down	Up	8.83%
Feb 14	D	Weak or Absent	Up	Down	Down	14.01%