Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 28	B	Weak or Absent	Down	Flat	Flat	-20.46%
Sep 27	D	Weak or Absent	Down	Down	Down	-18.64%
Sep 26	D	Weak or Absent	Down	Down	Down	-17.95%
Sep 25	D	Weak or Absent	Down	Down	Down	-19.37%
Sep 22	D	Weak or Absent	Down	Down	Down	-17.91%
Sep 21	D	Weak or Absent	Down	Down	Down	-18.98%
Sep 20	C	Weak or Absent	Down	Flat	Up	-21.32%
Sep 19	D	Weak or Absent	Down	Down	Up	-20.49%
Sep 18	D	Weak or Absent	Down	Flat	Up	-21.14%
Sep 15	C	Weak or Absent	Down	Up	Up	-23.95%