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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 20	B	Weak or Absent	Down	Down	Up	52.14%
Oct 19	F	Weak or Absent	Down	Down	Down	56.64%
Oct 18	F	Weak or Absent	Down	Down	Flat	53.96%
Oct 17	F	Weak or Absent	Down	Down	Flat	54.14%
Oct 16	F	Weak or Absent	Down	Down	Down	57.01%
Oct 13	F	Weak or Absent	Down	Down	Down	56.55%
Oct 12	F	Weak or Absent	Down	Down	Flat	55.20%
Oct 11	F	Weak or Absent	Down	Down	Up	53.61%
Oct 10	F	Weak or Absent	Down	Down	Flat	54.93%
Oct 9	F	Weak or Absent	Down	Down	Flat	54.67%