Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	D	Weak or Absent	Up	Down	Down	-0.32%
May 30	D	Weak or Absent	Up	Down	Down	-0.32%
May 29	D	Weak or Absent	Up	Down	Down	-0.73%
May 28	C	Strong	Up	Down	Down	-4.05%
May 24	C	Strong	Up	Up	Flat	-6.14%
May 23	C	Strong	Up	Down	Down	-2.27%
May 22	D	Strong	Up	Down	Down	-1.76%
May 21	C	Strong	Up	Flat	Down	-4.92%
May 20	D	Strong	Up	Down	Down	-1.46%
May 17	C	Strong	Up	Up	Down	-6.97%