Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 14	C	Weak or Absent	Down	Up	Up	-22.40%
Sep 13	C	Weak or Absent	Down	Down	Down	-18.48%
Sep 12	C	Weak or Absent	Down	Down	Down	-20.30%
Sep 11	C	Weak or Absent	Down	Down	Down	-18.18%
Sep 8	C	Weak or Absent	Down	Down	Down	-20.21%
Sep 7	C	Weak or Absent	Down	Down	Down	-17.89%
Sep 6	C	Weak or Absent	Down	Down	Down	-19.45%
Sep 5	C	Strong	Down	Up	Down	-23.02%
Sep 1	C	Strong	Down	Up	Up	-26.20%
Aug 31	C	Strong	Down	Up	Up	-25.47%