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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 29	D	Weak or Absent	Down	Up	Down	20.55%
Jun 28	D	Weak or Absent	Down	Up	Down	21.93%
Jun 27	C	Weak or Absent	Down	Up	Up	17.52%
Jun 26	C	Weak or Absent	Down	Up	Up	18.48%
Jun 23	C	Weak or Absent	Down	Up	Down	20.86%
Jun 22	C	Weak or Absent	Down	Up	Down	22.96%
Jun 21	C	Weak or Absent	Down	Up	Up	15.79%
Jun 20	C	Weak or Absent	Down	Up	Up	15.79%
Jun 16	D	Weak or Absent	Down	Up	Down	21.77%
Jun 15	D	Weak or Absent	Down	Up	Down	21.29%