Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 27	F	Strong	Down	Down	Down	-38.97%
Feb 24	F	Strong	Down	Down	Down	-39.08%
Feb 23	F	Strong	Down	Down	Down	-40.36%
Feb 22	F	Strong	Down	Down	Down	-39.76%
Feb 21	F	Strong	Down	Down	Down	-40.31%
Feb 17	F	Strong	Down	Down	Down	-42.26%
Feb 16	F	Strong	Down	Down	Down	-42.91%
Feb 15	F	Weak or Absent	Down	Down	Down	-43.65%
Feb 14	F	Weak or Absent	Down	Down	Down	-43.70%
Feb 13	F	Weak or Absent	Down	Down	Down	-44.18%