Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 7	B	Weak or Absent	Up	Up	Down	30.52%
Sep 6	B	Weak or Absent	Up	Up	Down	29.45%
Sep 5	A	Weak or Absent	Up	Up	Up	26.85%
Sep 1	A	Weak or Absent	Up	Up	Up	25.11%
Aug 31	A	Weak or Absent	Up	Up	Up	28.33%
Aug 30	A	Weak or Absent	Up	Up	Flat	29.41%
Aug 29	A	Weak or Absent	Up	Up	Flat	29.18%
Aug 28	A	Strong	Up	Up	Flat	29.80%
Aug 25	A	Strong	Up	Up	Down	30.27%
Aug 24	A	Strong	Up	Up	Down	29.34%