Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	D	Weak or Absent	Up	Down	Down	14.74%
Sep 25	D	Weak or Absent	Up	Down	Down	14.55%
Sep 24	D	Weak or Absent	Up	Down	Down	13.76%
Sep 23	D	Weak or Absent	Up	Down	Down	11.96%
Sep 20	D	Weak or Absent	Up	Down	Flat	11.45%
Sep 19	D	Weak or Absent	Up	Up	Up	5.21%
Sep 18	C	Weak or Absent	Up	Up	Up	8.33%
Sep 17	C	Weak or Absent	Up	Up	Up	9.10%
Sep 16	C	Weak or Absent	Up	Flat	Up	10.35%
Sep 13	D	Weak or Absent	Up	Flat	Up	11.05%