We assign a technical rating of 1 out of 10 to FMNB. FMNB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, FMNB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.19, a Stop Loss order could be placed below this zone.
More info and screens
12.62
When analyzing the support we notice one important area.
- A support zone ranging from 12.75 to 13.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 13.31 to 13.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.18 to 14.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 30.88 | NEUTRAL | FMNB is not amongst the best or worst performers 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) | UP | MIXED | The current price of FMNB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FMNB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.35 | NEUTRAL | The RSI value for FMNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FMNB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.53 | OVERSOLD | The low Stochastics value suggests FMNB may be oversold. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for FMNB suggests some volalility. |
| Average Directional Index/ADX (14) | 24.69 | NEUTRAL | The ADX value for FMNB suggests a possible start of a new trend. |
13.25
-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 1 / 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 40.3542. 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 -0.0607676, 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 negative.