Taking everything into account, FMNB scores 4 out of 10 in our technical rating. In the past year, FMNB was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- FMNB is one of the lesser performing stocks in the Banks industry. 78% of 383 stocks in the same industry do better.
- In the last month FMNB has a been trading in the 13.07 - 14.17 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, FMNB turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- 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.
- Volume is considerably higher in the last couple of days.
FMNB has an average technical rating and the quality of the presented setup is also not ideal 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
12.62
When analyzing the support we notice one important area.
- A support zone ranging from 12.75 to 13.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.13 to 14.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.78 from a trend line in the weekly time frame.
- A resistance zone ranging from 15.19 to 15.31. 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 | 49.85 | NEUTRAL | FMNB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMNB is above 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) | UP | POSITIVE | The current price of FMNB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.16 | NEUTRAL | The RSI value for FMNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests FMNB has a positive trend. |
| Stochastics (14,3) | 66.87 | NEUTRAL | The Stochastics value for FMNB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for FMNB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for FMNB suggests a possible start of a new trend. |
13.91
+0.04 (+0.29%)
FARMERS NATL BANC CORP / FMNB FAQ
Can you provide the ChartMill technical rating for FARMERS NATL BANC CORP?
ChartMill assigns a technical rating of 4 / 10 to FMNB.
What is the trend direction for FMNB stock?
The current trend direction for FARMERS NATL BANC CORP (FMNB) is Bearish.
Can you provide the RSI signal for FARMERS NATL BANC CORP?
FARMERS NATL BANC CORP (FMNB) has an RSI value of 57.1564. This indicates that the stock is currently neutral.
What is the MACD signal for FARMERS NATL BANC CORP (FMNB) stock?
The MACD indicator for FARMERS NATL BANC CORP (FMNB) has a value of 0.0574165, indicating a bearish trend.
Can you provide the short term momentum for FARMERS NATL BANC CORP?
The short term momentum for FARMERS NATL BANC CORP (FMNB) is neutral.