Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	C	Weak or Absent	Up	Up	Up	-31.78%
Dec 22	C	Weak or Absent	Up	Up	Up	-30.71%
Dec 21	C	Weak or Absent	Up	Up	Up	-30.34%
Dec 20	C	Weak or Absent	Up	Up	Up	-29.97%
Dec 19	D	Weak or Absent	Up	Up	Up	-30.63%
Dec 18	D	Weak or Absent	Up	Up	Up	-28.25%
Dec 15	D	Weak or Absent	Up	Up	Up	-27.55%
Dec 14	C	Weak or Absent	Up	Up	Up	-28.94%
Dec 13	F	Weak or Absent	Flat	Down	Down	-25.01%
Dec 12	D	Weak or Absent	Down	Down	Down	-20.42%