Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 24	C	Weak or Absent	Up	Flat	Down	12.04%
Oct 23	C	Weak or Absent	Up	Flat	Down	11.96%
Oct 22	C	Weak or Absent	Up	Up	Down	11.76%
Oct 21	D	Weak or Absent	Up	Flat	Down	13.10%
Oct 18	C	Weak or Absent	Up	Up	Up	8.02%
Oct 17	C	Weak or Absent	Up	Up	Up	5.67%
Oct 16	D	Weak or Absent	Up	Up	Up	5.58%
Oct 15	C	Weak or Absent	Up	Up	Up	9.98%
Oct 14	D	Weak or Absent	Up	Flat	Up	13.00%
Oct 11	D	Weak or Absent	Up	Up	Up	11.68%