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 10	B	Strong	Up	Up	Up	-4.36%
May 9	B	Weak or Absent	Up	Up	Up	-3.68%
May 8	B	Weak or Absent	Up	Up	Up	-1.74%
May 7	B	Weak or Absent	Up	Up	Up	-0.79%
May 6	B	Weak or Absent	Up	Up	Up	-2.23%
May 3	B	Weak or Absent	Up	Up	Up	-1.42%
May 2	B	Weak or Absent	Up	Up	Up	-2.01%
May 1	A	Weak or Absent	Up	Up	Up	1.46%
Apr 30	B	Weak or Absent	Up	Down	Down	4.78%
Apr 29	B	Weak or Absent	Up	Up	Up	2.24%