FARMERS NATL BANC CORP (FMNB) Stock Technical Analysis
NASDAQ:FMNB - Nasdaq - US3096271073 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to FMNB. FMNB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
61% of all other stocks performed better in the past year than FMNB.
FMNB is part of the Banks industry. There are 393 other stocks in this industry, of which 74% are performing better than FMNB.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FMNB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FMNB is lagging the market.
In the last month FMNB has a been trading in the 13.21 - 14.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FMNB has an average technical rating and also the quality of the setup is only medium 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
11.62
14.71
3 important support areas can be observed.
- A support zone ranging from 12.74 to 13.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.03 to 12.15. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @11.74 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.45 to 14.56. 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 | NEUTRAL | NEUTRAL | The long term trend for FMNB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMNB is neutral. |
| ChartMill Relative Strength | 39.33 | NEUTRAL | FMNB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FMNB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMNB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FMNB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.47 | NEUTRAL | The RSI value for FMNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FMNB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.38 | NEUTRAL | The Stochastics value for FMNB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for FMNB suggests some volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for FMNB 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)
14.03
-0.22 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.54%
1 Week0.72%
2 Weeks1.67%
1 Month1.74%
3 Month4.39%
6 Month1.96%
12 Month-4.88%
2 Year2.04%
3 Year-1.2%
5 Year29.79%
10 Year71.31%
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%2.66%
ATR Inc89.75%
Range Today0.42
ADR(20)0.37
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.33
Mansfield-0.82
10 Day High14.38
10 Day Low13.21
20 Day High14.77
20 Day Low13.21
52 Week High16.29
52 Week Low11.58
CS1 End13.83
CR1 Start14.45
Volume & EV
DER(3)0.8%
DER(5)-0.35%
Volume130.92K
Volume Incr6.28%
Vol(5)116.60K
Vol(50)99.18K