Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 22	B	Strong	Up	Up	Up	-14.28%
Jul 19	B	Strong	Up	Up	Up	-12.78%
Jul 18	B	Strong	Up	Up	Up	-12.60%
Jul 17	B	Strong	Up	Up	Up	-15.53%
Jul 16	B	Strong	Up	Up	Up	-15.39%
Jul 15	B	Strong	Up	Up	Up	-5.19%
Jul 12	B	Strong	Up	Up	Up	-1.57%
Jul 11	A	Strong	Up	Up	Up	-1.44%
Jul 10	B	Strong	Up	Up	Up	4.58%
Jul 9	B	Strong	Up	Up	Flat	7.07%