FARMERS & MERCHANTS BANCO/OH (FMAO) Stock Technical Analysis
USA - NASDAQ:FMAO - US30779N1054 - Common Stock
23.12 USD
-1.4 (-5.71%)
23.12 USD
0 (0%)
We assign a technical rating of 0 out of 10 to FMAO. FMAO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than FMAO.
FMAO is part of the Banks industry. There are 391 other stocks in this industry, of which 85% 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 22.77 - 26.45 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FMAO has an average volume of 21317 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of FMAO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.49
27.04
When analyzing the support we notice one important area.
- Support @22.72 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @23.32 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.00 to 26.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for FMAO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FMAO is down. |
| ChartMill Relative Strength | 16.83 | NEGATIVE | FMAO has a low relative strength, it was outperformed by 83.17% off all stocks 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) | DOWN | NEGATIVE | The current price of FMAO is below a declining 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) | 37.57 | NEUTRAL | The RSI value for FMAO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests FMAO has a negative trend. |
| Stochastics (14,3) | 31.8 | NEUTRAL | The Stochastics value for FMAO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for FMAO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.43 | 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)
23.12
-1.4 (-5.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-5.71%
1 Week-5.71%
2 Weeks-5.86%
1 Month-12.82%
3 Month-10.87%
6 Month1.67%
12 Month-17.81%
2 Year32.72%
3 Year-20.98%
5 Year15.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.07
ATR(20)%4.35%
ATR Inc24.04%
Range Today1.65
ADR(20)0.96
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.83
Mansfield-1.96
10 Day High25.65
10 Day Low22.77
20 Day High26.45
20 Day Low22.77
52 Week High34.15
52 Week Low20.88
CS1 End22.72
CR1 Start23.32
Volume & EV
DER(3)-1.09%
DER(5)-0.14%
Volume15.40K
Volume Incr-25.48%
Vol(5)18.18K
Vol(50)21.32K