Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 8	C	Strong	Up	Up	Down	8.03%
Jul 5	C	Strong	Up	Up	Down	9.28%
Jul 3	B	Strong	Up	Up	Up	6.68%
Jul 2	B	Strong	Up	Up	Up	4.24%
Jul 1	B	Strong	Up	Up	Up	5.00%
Jun 28	B	Weak or Absent	Up	Up	Up	3.11%
Jun 27	C	Weak or Absent	Up	Up	Up	5.90%
Jun 26	C	Weak or Absent	Up	Up	Up	9.39%
Jun 25	C	Weak or Absent	Up	Up	Up	11.67%
Jun 24	C	Weak or Absent	Up	Up	Up	10.52%