FARMERS NATL BANC CORP (FMNB) Stock Technical Analysis
USA - NASDAQ:FMNB - US3096271073 - Common Stock
We assign a technical rating of 0 out of 10 to FMNB. FMNB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FMNB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 13.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.20, a Stop Loss order could be placed below this zone.
More info and screens
11.62
3 important support areas can be observed.
- A support zone ranging from 13.02 to 13.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.75 from a horizontal line in the daily time frame.
- A support zone ranging from 11.74 to 12.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 13.34 to 13.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.45 from a horizontal line in the daily time frame.
- Resistance @14.94 from a trend line in the weekly time frame.
- Resistance @15.19 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for FMNB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FMNB is down. |
| ChartMill Relative Strength | 22.77 | NEGATIVE | FMNB has a low relative strength, it was outperformed by 77.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FMNB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FMNB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FMNB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.2 | NEUTRAL | The RSI value for FMNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests FMNB has a positive trend. |
| Stochastics (14,3) | 54.78 | NEUTRAL | The Stochastics value for FMNB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for FMNB suggests some volalility. |
| Average Directional Index/ADX (14) | 26.82 | POSITIVE | The high ADX value value for FMNB suggests a strong trend. |
13.29
-0.08 (-0.6%)
FARMERS NATL BANC CORP / FMNB FAQ
Can you provide the ChartMill technical rating for FARMERS NATL BANC CORP?
ChartMill assigns a technical rating of 0 / 10 to FMNB.
Can you provide the trend direction for FARMERS NATL BANC CORP?
The current trend direction for FARMERS NATL BANC CORP (FMNB) is Bearish.
What is the RSI signal for FMNB stock?
FARMERS NATL BANC CORP (FMNB) has an RSI value of 44.2017. This indicates that the stock is currently neutral.
What is the short term momentum for FARMERS NATL BANC CORP (FMNB) stock?
The short term momentum for FARMERS NATL BANC CORP (FMNB) is negative.
Can you provide the buy/sell signal for FARMERS NATL BANC CORP?
The buy/sell signal for FARMERS NATL BANC CORP (FMNB) is sell as both the short term and long term trends are negative.