FARMERS & MERCHANTS BANCO/OH (FMAO) Technical Analysis
NASDAQ:FMAO • US30779N1054
Current stock price
FMAO Technical Rating and Analysis
Overall FMAO gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FMAO is only an average performer.
- FMAO is part of the Banks industry. There are 376 other stocks in this industry, of which 62% are performing better than FMAO.
- The long and short term trends are both positive. This is looking good!
- When compared to the yearly performance of all other stocks, FMAO outperforms 56% of them, which is more or less in line with the market.
- FMAO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FMAO is lagging the market.
- In the last month FMAO has a been trading in the 24.15 - 29.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
FMAO Weekly and Daily overview Charts
FMAO Setup Rating and Analysis
FMAO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
FMAO Support and Resistance Analysis
22.78
3 important support areas can be observed.
- A support zone ranging from 26.27 to 26.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.33 to 24.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.01 to 23.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 26.99 to 27.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @28.94 from a trend line in the weekly time frame.
- A resistance zone ranging from 29.57 to 29.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
FMAO Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for FMAO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMAO is up. |
| ChartMill Relative Strength | 56.34 | NEUTRAL | FMAO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMAO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FMAO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FMAO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.1 | NEUTRAL | The RSI value for FMAO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests FMAO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.24 | NEUTRAL | The Stochastics value for FMAO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for FMAO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.55 | NEGATIVE | The low ADX value for FMAO suggests a weak or negative trend. |
FMAO Chart- and CandleStick Pattern Analysis
FMAO Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.29 | 26.26 | 1.03 (3.77%) | 25.00% |
| An entry @27.29. This is a Buy Stop order right above the resistance zone. | An exit @26.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.03 points, which is 3.77%. | For a 0.94% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FMAO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FMAO Technicals: Chart, Performance Metrics, Trend & Indicators
26.75
-0.08 (-0.3%)
FARMERS & MERCHANTS BANCO/OH / FMAO TA FAQ
Can you provide the ChartMill technical rating for FARMERS & MERCHANTS BANCO/OH?
ChartMill assigns a technical rating of 6 / 10 to FMAO.
What is the trend direction for FMAO stock?
The current trend direction for FARMERS & MERCHANTS BANCO/OH (FMAO) is Bullish.
What is the RSI signal for FMAO stock?
FARMERS & MERCHANTS BANCO/OH (FMAO) has an RSI value of 55.1028. This indicates that the stock is currently neutral.
What is the MACD signal for FMAO stock?
The MACD indicator for FARMERS & MERCHANTS BANCO/OH (FMAO) has a value of 0.062385, indicating a bearish trend.
Can you provide the buy/sell signal for FARMERS & MERCHANTS BANCO/OH?
The buy/sell signal for FARMERS & MERCHANTS BANCO/OH (FMAO) is buy as both the short term and long term trends are positive.