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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 26	A	Weak or Absent	Up	Up	Up	2.39%
Apr 25	D	Weak or Absent	Up	Down	Flat	8.65%
Apr 24	B	Weak or Absent	Up	Up	Up	4.41%
Apr 23	B	Weak or Absent	Up	Up	Up	4.96%
Apr 22	B	Weak or Absent	Up	Up	Up	5.50%
Apr 19	B	Weak or Absent	Up	Up	Up	5.90%
Apr 18	D	Weak or Absent	Flat	Down	Down	10.04%
Apr 17	D	Weak or Absent	Down	Down	Down	12.04%
Apr 16	D	Weak or Absent	Flat	Down	Down	9.94%
Apr 15	F	Weak or Absent	Down	Down	Down	11.03%