Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 30	D	Weak or Absent	Down	Down	Up	66.28%
May 26	D	Weak or Absent	Down	Down	Up	65.72%
May 25	C	Weak or Absent	Down	Down	Up	67.72%
May 24	D	Weak or Absent	Down	Down	Up	65.10%
May 23	D	Weak or Absent	Down	Down	Up	62.38%
May 22	D	Weak or Absent	Down	Down	Up	65.10%
May 19	D	Strong	Down	Down	Up	71.68%
May 18	D	Strong	Down	Down	Up	67.47%
May 17	D	Strong	Down	Down	Up	69.07%
May 16	F	Strong	Down	Down	Flat	78.88%