Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 3	B	Weak or Absent	Up	Up	Up	-7.89%
Aug 30	C	Weak or Absent	Up	Up	Up	-8.19%
Aug 29	C	Weak or Absent	Up	Up	Up	-7.39%
Aug 28	C	Weak or Absent	Up	Up	Up	-7.91%
Aug 27	C	Weak or Absent	Up	Up	Up	-7.00%
Aug 26	C	Weak or Absent	Up	Up	Up	-7.16%
Aug 23	C	Weak or Absent	Up	Up	Up	-8.79%
Aug 22	C	Strong	Up	Up	Up	-2.42%
Aug 21	C	Strong	Up	Up	Up	-2.24%
Aug 20	C	Strong	Up	Up	Up	-1.07%