Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	D	Strong	Up	Down	Down	-32.02%
May 17	C	Strong	Up	Up	Down	-35.83%
May 16	C	Strong	Up	Up	Down	-36.88%
May 15	C	Strong	Up	Up	Down	-37.31%
May 14	C	Strong	Up	Up	Down	-37.25%
May 13	B	Strong	Up	Up	Up	-40.07%
May 10	C	Strong	Up	Up	Flat	-37.84%
May 9	A	Strong	Up	Up	Up	-39.57%
May 8	A	Strong	Up	Up	Up	-39.34%
May 7	B	Strong	Up	Up	Up	-37.78%