FARMERS & MERCHANTS BANCO/OH (FMAO) Stock Technical Analysis
USA - NASDAQ:FMAO - US30779N1054 - Common Stock
25.82 USD
-0.27 (-1.03%)
25.82 USD
0 (0%)
Taking everything into account, FMAO scores 4 out of 10 in our technical rating. FMAO was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
74% of all other stocks performed better in the past year than FMAO.
FMAO is part of the Banks industry. There are 392 other stocks in this industry, of which 85% are performing better than FMAO.
Warning: FMAO has an average volume of 21929 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month FMAO has a been trading in the 25.05 - 27.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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.
Volume is considerably higher in the last couple of days.
FMAO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.66, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.38
28.47
4 important support areas can be observed.
- A support zone ranging from 25.63 to 25.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.55 to 25.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.32 to 23.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.61 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 25.96 to 26.26. 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 27.77 to 28.19. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for FMAO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMAO is neutral. |
| ChartMill Relative Strength | 26.11 | NEGATIVE | FMAO has a low relative strength, it was outperformed by 73.89% 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) | UP | POSITIVE | The current price of FMAO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FMAO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.48 | NEUTRAL | The RSI value for FMAO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FMAO has a negative trend. |
| Stochastics (14,3) | 56.39 | NEUTRAL | The Stochastics value for FMAO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for FMAO suggests some volalility. |
| Average Directional Index/ADX (14) | 8.13 | 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)
25.82
-0.27 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.03%
1 Week-1.07%
2 Weeks0.31%
1 Month-3.48%
3 Month1.97%
6 Month6.92%
12 Month-6.75%
2 Year47.29%
3 Year-3.91%
5 Year29.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%3.21%
ATR Inc1.42%
Range Today0.5
ADR(20)0.79
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.11
Mansfield-1.23
10 Day High26.86
10 Day Low25.08
20 Day High27.18
20 Day Low25.05
52 Week High34.15
52 Week Low20.88
CS1 End25.66
CR1 Start25.96
Volume & EV
DER(3)-0.48%
DER(5)1.57%
Volume30.60K
Volume Incr131.11%
Vol(5)35.22K
Vol(50)21.93K