Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 18	A	Weak or Absent	Up	Up	Down	11.60%
Apr 17	A	Weak or Absent	Up	Up	Down	13.02%
Apr 16	A	Weak or Absent	Up	Up	Down	15.71%
Apr 15	B	Weak or Absent	Up	Up	Down	15.46%
Apr 12	B	Weak or Absent	Up	Up	Down	13.14%
Apr 11	B	Weak or Absent	Up	Up	Down	8.65%
Apr 10	B	Weak or Absent	Up	Up	Down	11.37%
Apr 9	B	Weak or Absent	Up	Up	Flat	6.48%
Apr 8	C	Weak or Absent	Up	Up	Down	9.31%
Apr 5	B	Weak or Absent	Up	Up	Up	6.16%