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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 19	D	Weak or Absent	Down	Down	Flat	20.94%
Apr 18	F	Weak or Absent	Down	Down	Down	22.55%
Apr 17	F	Weak or Absent	Down	Down	Down	22.33%
Apr 14	F	Weak or Absent	Down	Down	Down	23.91%
Apr 13	F	Weak or Absent	Down	Down	Down	21.05%
Apr 12	F	Weak or Absent	Down	Down	Down	20.37%
Apr 11	F	Weak or Absent	Down	Down	Down	20.21%
Apr 10	F	Weak or Absent	Down	Down	Down	19.79%
Apr 6	F	Weak or Absent	Down	Down	Down	20.05%
Apr 5	F	Weak or Absent	Down	Down	Down	18.51%