Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 21	C	Weak or Absent	Up	Down	Flat	14.16%
Jun 20	C	Weak or Absent	Up	Up	Up	12.67%
Jun 18	C	Weak or Absent	Up	Down	Flat	14.20%
Jun 17	C	Weak or Absent	Up	Down	Flat	14.54%
Jun 14	D	Weak or Absent	Up	Down	Down	16.60%
Jun 13	D	Weak or Absent	Up	Down	Flat	14.07%
Jun 12	C	Weak or Absent	Up	Up	Up	12.76%
Jun 11	D	Weak or Absent	Up	Down	Down	15.45%
Jun 10	D	Weak or Absent	Up	Down	Down	16.12%
Jun 7	C	Weak or Absent	Up	Down	Down	15.64%