Farmers National Banc Corp. Technical Analysis (NASDAQ:FMNB)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The FMNB stock chart pattern can give those who understand technical analysis an indication of which way FMNB stock is headed, but cannot predict with 100% certainty as to what can happen to the Farmers National Banc Corp. stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Farmers National Banc Corp.. Technical analysis uses an approach for Farmers National Banc Corp. stock analysis that does not care for the fair value of a company but uses price and volume data only.
Farmers National Banc Corp. Moving Average
Moving averages show the average price of FMNB stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. 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 comprise of a center line usually FMNB SMA, and two FMNB stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Farmers National Banc Corp. bollinger bands show that the stock price is $16.75, upper band is 16.79, lower band is 15.83, and the average is 16.31.
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 line is below the signal line.
Farmers National Banc Corp. Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of FMNB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.