FARMERS & MERCHANTS BANCO/OH (FMAO) Stock Technical Analysis
NASDAQ:FMAO - Nasdaq - US30779N1054 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to FMAO. FMAO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, FMAO is a bad performer in the overall market: 70% of all stocks are doing better.
FMAO is part of the Banks industry. There are 392 other stocks in this industry, of which 77% are performing better than FMAO.
FMAO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FMAO has a been trading in the 22.91 - 27.23 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FMAO has an average volume of 21992 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Although the technical rating is bad, FMAO does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
21.21
28.05
2 important support areas can be observed.
- Support @22.62 from a trend line in the weekly time frame.
- A support zone ranging from 21.42 to 21.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 24.90 to 25.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.77 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.28 to 27.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.77 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FMAO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FMAO is down. |
| ChartMill Relative Strength | 30.52 | NEUTRAL | FMAO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FMAO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FMAO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FMAO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.29 | NEUTRAL | The RSI value for FMAO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests FMAO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.86 | NEUTRAL | The Stochastics value for FMAO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for FMAO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.71 | NEGATIVE | The low ADX value for FMAO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
24.17
+0.5 (+2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.11%
1 Week1.6%
2 Weeks-6.21%
1 Month-6.25%
3 Month-3.47%
6 Month-10.45%
12 Month0.83%
2 Year26.54%
3 Year-15.37%
5 Year12.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%4.19%
ATR Inc-2.29%
Range Today1.01
ADR(20)0.97
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.52
Mansfield-1.62
10 Day High27.23
10 Day Low22.91
20 Day High27.23
20 Day Low22.91
52 Week High34.15
52 Week Low20.88
CS1 End22.62
CR1 Start24.9
Volume & EV
DER(3)-1.72%
DER(5)-0.51%
Volume13.20K
Volume Incr-29.1%
Vol(5)20.02K
Vol(50)21.99K