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 17	D	Weak or Absent	Down	Down	Down	16.98%
Apr 16	D	Weak or Absent	Flat	Down	Down	14.78%
Apr 15	F	Weak or Absent	Down	Down	Down	15.93%
Apr 12	D	Weak or Absent	Down	Down	Down	15.70%
Apr 11	D	Weak or Absent	Flat	Down	Down	14.67%
Apr 10	D	Weak or Absent	Down	Down	Down	15.46%
Apr 9	C	Weak or Absent	Up	Up	Down	8.56%
Apr 8	C	Weak or Absent	Up	Up	Down	9.27%
Apr 5	C	Weak or Absent	Up	Up	Down	9.37%
Apr 4	C	Weak or Absent	Up	Up	Down	8.76%