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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 6	C	Weak or Absent	Down	Up	Up	-3.46%
Feb 3	D	Weak or Absent	Down	Up	Up	-3.76%
Feb 2	D	Weak or Absent	Down	Up	Up	-4.61%
Feb 1	D	Weak or Absent	Down	Up	Flat	-0.43%
Jan 31	D	Weak or Absent	Down	Up	Up	-1.73%
Jan 30	F	Weak or Absent	Down	Flat	Flat	0.35%
Jan 27	F	Weak or Absent	Down	Down	Down	1.23%
Jan 26	D	Weak or Absent	Down	Up	Up	-0.65%
Jan 25	D	Weak or Absent	Down	Up	Up	-1.69%
Jan 24	D	Weak or Absent	Down	Up	Up	-1.52%