Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 16	A	Weak or Absent	Up	Up	Up	18.79%
Nov 15	A	Weak or Absent	Up	Up	Up	16.88%
Nov 14	A	Weak or Absent	Up	Up	Up	16.82%
Nov 13	A	Weak or Absent	Up	Up	Up	25.62%
Nov 10	A	Weak or Absent	Up	Up	Flat	26.62%
Nov 9	A	Weak or Absent	Up	Up	Flat	28.18%
Nov 8	A	Weak or Absent	Up	Up	Up	26.55%
Nov 7	A	Weak or Absent	Up	Up	Up	24.42%
Nov 6	A	Weak or Absent	Up	Up	Up	23.66%
Nov 3	A	Weak or Absent	Up	Up	Up	23.48%