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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 3	F	Weak or Absent	Down	Down	Down	33.33%
May 2	F	Weak or Absent	Down	Down	Down	30.63%
May 1	F	Weak or Absent	Down	Down	Down	27.15%
Apr 28	D	Weak or Absent	Down	Down	Up	21.63%
Apr 27	D	Weak or Absent	Down	Down	Up	21.37%
Apr 26	F	Weak or Absent	Down	Down	Down	24.19%
Apr 25	F	Weak or Absent	Down	Down	Down	27.27%
Apr 24	F	Weak or Absent	Down	Down	Down	23.64%
Apr 21	F	Weak or Absent	Down	Down	Down	22.71%
Apr 20	D	Weak or Absent	Down	Down	Up	17.16%