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 19	B	Weak or Absent	Up	Up	Up	3.76%
Apr 18	D	Weak or Absent	Flat	Down	Down	7.82%
Apr 17	D	Weak or Absent	Down	Down	Down	9.77%
Apr 16	D	Weak or Absent	Flat	Down	Down	7.71%
Apr 15	F	Weak or Absent	Down	Down	Down	8.79%
Apr 12	D	Weak or Absent	Down	Down	Down	8.57%
Apr 11	D	Weak or Absent	Flat	Down	Down	7.60%
Apr 10	D	Weak or Absent	Down	Down	Down	8.35%
Apr 9	C	Weak or Absent	Up	Up	Down	1.87%
Apr 8	C	Weak or Absent	Up	Up	Down	2.54%