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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 25	D	Weak or Absent	Up	Down	Flat	0.00%
Apr 24	B	Weak or Absent	Up	Up	Up	-3.90%
Apr 23	B	Weak or Absent	Up	Up	Up	-3.40%
Apr 22	B	Weak or Absent	Up	Up	Up	-2.89%
Apr 19	B	Weak or Absent	Up	Up	Up	-2.52%
Apr 18	D	Weak or Absent	Flat	Down	Down	1.29%
Apr 17	D	Weak or Absent	Down	Down	Down	3.12%
Apr 16	D	Weak or Absent	Flat	Down	Down	1.19%
Apr 15	F	Weak or Absent	Down	Down	Down	2.20%
Apr 12	D	Weak or Absent	Down	Down	Down	1.99%