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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 3	C	Weak or Absent	Down	Up	Up	42.97%
Nov 2	C	Weak or Absent	Down	Flat	Up	51.50%
Nov 1	F	Weak or Absent	Down	Down	Down	56.98%
Oct 31	F	Weak or Absent	Down	Down	Flat	54.55%
Oct 30	F	Weak or Absent	Down	Down	Down	58.55%
Oct 27	F	Weak or Absent	Down	Down	Flat	54.19%
Oct 26	B	Weak or Absent	Down	Up	Up	47.52%
Oct 25	D	Weak or Absent	Down	Down	Flat	54.02%
Oct 24	F	Weak or Absent	Down	Down	Down	55.93%
Oct 23	D	Weak or Absent	Down	Down	Up	53.49%