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 2	B	Weak or Absent	Up	Up	Up	-0.82%
May 1	A	Weak or Absent	Up	Up	Up	2.69%
Apr 30	B	Weak or Absent	Up	Down	Down	6.05%
Apr 29	B	Weak or Absent	Up	Up	Up	3.47%
Apr 26	A	Weak or Absent	Up	Up	Up	0.09%
Apr 25	D	Weak or Absent	Up	Down	Flat	6.20%
Apr 24	B	Weak or Absent	Up	Up	Up	2.07%
Apr 23	B	Weak or Absent	Up	Up	Up	2.60%
Apr 22	B	Weak or Absent	Up	Up	Up	3.13%
Apr 19	B	Weak or Absent	Up	Up	Up	3.52%