Traders may be interested in various technical levels on shares of Farmers & Merch Banc (FMAO). After a recent check, the Williams %R was spotted at -77.26. Levels can range from 0 to -100.  A number charting between -80 to -100 may be typically viewed as strong oversold territory.  A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.  Farmers & Merch Banc (FMAO) currently has a 1 month MA of 40.07. Investors may use moving averages for various reasons. Some may use the moving average as a primary trading tool, while others may use it as a back-up. Investors may keep an eye out for when the stock price crosses a particular moving average and then closes on the other side. These moving average crossovers may be used to help spot momentum shifts, or possible entry/exit points. A cross below a certain moving average may signal the start of a downward move. On the flip side, a cross above a moving average may suggest a possible uptrend. Investors may be focused on many different time periods when studying moving averages. The stock currently has a 3 month MA of 39.15, and a 6 month MA of 39.22.

Farmers & Merch Banc (FMAO) is currently given a “Buy” trendspotter opinion.  Trendspotter signal is determined by combining momentum, volatility and a bit of wave theory to assist in identifying a directional trend of a stock.

Summary of Short-Term Signals

20-day Bollinger (identifies short-term overbought and oversold zones): “Hold”
20-Day MA (Short term signal used to observe price changes): “Sell”
20-50 Day MACD (Used to identify bullish or bearish directional movement): “Buy”

Farmers & Merch Banc (FMAO) presently has a 14-day Commodity Channel Index (CCI) of -81.78. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. Checking on another technical indicator, the 14-day RSI is currently sitting at 49.97, the 7-day rests at 46.57, and the 3-day is presently at 40.44.

The Relative Strength Index (RSI) is a highly popular technical indicator. The RSI is computed base on the speed and direction of a stock’s price movement. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. The RSI value will always move between 0 and 100. One of the most popular time frames using RSI is the 14-day.

The 14-day ADX for Farmers & Merch Banc (FMAO) is standing at 11. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal.  Now we’ll turn our focus to short term technical indicators for shares of Farmers & Merch Banc (FMAO).  The signal from the 20-day moving average is revealing a “Sell”.  The 20-50 day MACD Oscillator, which can be used to identify bullish or bearish directional movement is currently showing a “Buy” signal.  

Investors are often focused on stock price support and resistance levels. The support is simply a level where a stock may see a bounce after it has fallen. If the stock price manages to break through the first support level, the attention may shift to the second level of support. The resistance is the opposite of support. As a stock rises, it may see a retreat once it reaches a certain level of resistance. After a recent check, the stock’s first resistance level is 40.05, and the second resistance level is 40.45. On the other side, investors are watching the first support level of 39.33, and the second support level of 39.01.

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