Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 29	C	Weak or Absent	Up	Up	Up	11.46%
Aug 28	C	Weak or Absent	Up	Up	Up	10.83%
Aug 27	C	Weak or Absent	Up	Up	Up	11.93%
Aug 26	C	Weak or Absent	Up	Up	Up	11.73%
Aug 23	C	Weak or Absent	Up	Up	Up	9.77%
Aug 22	C	Strong	Up	Up	Up	17.44%
Aug 21	C	Strong	Up	Up	Up	17.66%
Aug 20	C	Strong	Up	Up	Up	19.06%
Aug 19	C	Strong	Up	Up	Up	15.88%
Aug 16	B	Strong	Up	Up	Up	17.33%