Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 28	D	Strong	Down	Down	Down	-43.36%
Dec 27	D	Strong	Down	Down	Down	-44.61%
Dec 23	D	Strong	Down	Down	Down	-44.56%
Dec 22	D	Strong	Down	Down	Down	-43.99%
Dec 21	D	Strong	Down	Down	Down	-45.30%
Dec 20	D	Strong	Down	Down	Down	-45.21%
Dec 19	D	Strong	Down	Down	Down	-44.79%
Dec 16	D	Strong	Down	Down	Down	-45.62%
Dec 15	D	Strong	Down	Down	Down	-44.65%
Dec 14	D	Strong	Down	Down	Down	-47.12%