Trend Table for FMAO - Farmers & Merchants Bancorp, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 15	A	Strong	Up	Up	Up	0.00%
Nov 14	B	Strong	Up	Up	Up	0.44%
Nov 13	B	Strong	Up	Up	Up	-0.68%
Nov 12	A	Strong	Up	Up	Up	-2.57%
Nov 11	A	Strong	Up	Up	Up	-2.68%
Nov 8	B	Weak or Absent	Up	Up	Up	0.56%
Nov 7	B	Weak or Absent	Up	Up	Up	4.74%
Nov 6	B	Weak or Absent	Up	Up	Up	0.34%
Nov 5	A	Weak or Absent	Up	Up	Up	11.74%
Nov 4	A	Weak or Absent	Up	Up	Up	16.04%