Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 27	C	Weak or Absent	Down	Up	Down	58.11%
Jun 26	C	Strong	Down	Up	Down	58.39%
Jun 23	C	Strong	Down	Up	Down	58.45%
Jun 22	C	Strong	Down	Up	Down	58.51%
Jun 21	C	Strong	Down	Up	Down	54.97%
Jun 20	C	Strong	Down	Up	Down	51.58%
Jun 16	D	Strong	Down	Up	Down	48.29%
Jun 15	C	Strong	Down	Up	Up	44.70%
Jun 14	C	Strong	Down	Up	Flat	48.44%
Jun 13	C	Strong	Down	Up	Up	43.99%