Farmers National Banc Corp. Technical Analysis (NASDAQ:FMNB)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. When a chart pattern that can predict future Farmers National Banc Corp. stock price movements is formed, the FMNB stock chart can become a key tool for a technical analyst.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Farmers National Banc Corp.. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Farmers National Banc Corp. stock analysis.
Farmers National Banc Corp. Moving Average:
Moving averages show the FMNB stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Farmers National Banc Corp. are mostly signals of long term trends and will help long term traders.
Farmers National Banc Corp. Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the FMNB stock. Currently the stock price of $14.25 is in the upper range of Farmers National Banc Corp. bollinger bands.
Farmers National Banc Corp. Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Farmers National Banc Corp. MACD indicator is below 0 indicating a bearish trend.
Farmers National Banc Corp. Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of FMNB stock is 54.85. .