Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	F	Strong	Down	Down	Down	-8.14%
Jul 31	F	Strong	Down	Down	Down	-15.02%
Jul 30	F	Strong	Down	Down	Down	-15.57%
Jul 29	F	Strong	Down	Down	Down	-17.51%
Jul 26	F	Strong	Down	Down	Down	-18.23%
Jul 25	F	Strong	Down	Down	Down	-17.24%
Jul 24	F	Strong	Down	Down	Down	-16.66%
Jul 23	F	Strong	Down	Down	Down	-18.03%
Jul 22	F	Strong	Down	Down	Down	-20.83%
Jul 19	F	Strong	Down	Down	Down	-19.95%