Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 24	C	Strong	Up	Up	Up	-31.58%
Nov 22	C	Strong	Up	Up	Up	-32.76%
Nov 21	B	Weak or Absent	Up	Up	Up	-33.83%
Nov 20	C	Weak or Absent	Up	Up	Up	-29.32%
Nov 17	B	Weak or Absent	Up	Up	Up	-28.25%
Nov 16	B	Weak or Absent	Up	Up	Flat	-27.94%
Nov 15	B	Weak or Absent	Up	Up	Up	-30.07%
Nov 14	B	Weak or Absent	Up	Up	Up	-28.41%
Nov 13	B	Weak or Absent	Down	Up	Up	-25.60%
Nov 10	A	Weak or Absent	Flat	Up	Up	-27.55%