(FMAO) Farmers Merchants complete technical analysis [charts+indicators] | Buy/Sell Farmers Merchants | (FMAO) share price targets
Complete technical analysis of Farmers Merchants (FMAO) by charts plus indicators, forecast predictions and share price targets for Farmers Merchants (FMAO)
Farmers Merchants trades in USA in Finance sector.
10 day averaged volume of Farmers Merchants is 11364
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 22.86 | 22.88 | 23.20 | 22.80 | 1.444 times |
16 Thu May 2024 | 22.77 | 22.83 | 22.88 | 22.50 | 1.14 times |
15 Wed May 2024 | 22.73 | 23.22 | 23.44 | 22.65 | 0.72 times |
14 Tue May 2024 | 22.90 | 22.56 | 23.30 | 22.45 | 1.065 times |
13 Mon May 2024 | 22.53 | 22.51 | 22.54 | 22.04 | 1.153 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22.6, but if it comes below 22.6, then a intra day sell could be more profitable.
If you take a sell trade below 22.6, then use 22.6 as stoploss and 21.81 as target. However if you take a buy trade in stock , then use 22.6 as stoploss and 23.4 as target.
Share price targets for Farmers Merchants (FMAO)
Target Type | Value |
Downside Target | 18.99 |
Downside Target | 19.50 |
Downside Target | 20.36 |
Downside Target | 22.04 |
Downside Target | 22.28 |
Downside Target | 22.48 |
Downside Target | 22.49 |
Upside Target | 22.94 |
Upside Target | 23.19 |
Upside Target | 23.44 |
Upside Target | 25.29 |
Intraday share price targets for Farmers Merchants (FMAO)
Target Type | Value |
Downside Intraday Target | 22.12 |
Downside Intraday Target | 21.38 |
Upside Intraday Target | 23.52 |
Upside Intraday Target | 24.18 |
Downside Intraday Target | 22.78 |
Weekly technical analysis of Farmers Merchants (FMAO)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 22.86 | 22.51 | 23.44 | 22.04 | 1.233 times |
10 Fri May 2024 | 22.46 | 21.70 | 22.48 | 21.30 | 0.73 times |
03 Fri May 2024 | 21.79 | 21.92 | 22.49 | 20.50 | 0.707 times |
26 Fri Apr 2024 | 21.72 | 20.95 | 22.28 | 20.36 | 1.395 times |
19 Fri Apr 2024 | 21.00 | 20.10 | 21.00 | 19.65 | 0.814 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Farmers Merchants (FMAO)
Date | Monthly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 22.86 | 20.79 | 23.44 | 20.79 | 0.413 times |
30 Tue Apr 2024 | 20.50 | 22.04 | 22.28 | 19.65 | 0.89 times |
28 Thu Mar 2024 | 22.29 | 20.00 | 23.19 | 18.99 | 1.082 times |
29 Thu Feb 2024 | 20.20 | 22.65 | 22.94 | 19.50 | 1.028 times |
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Farmers Merchants (FMAO)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 32, 11, 50 | Buy |
MACD | 1, 1 | Buy |
Stochastics | 70 | Buy |
CCI | 97 | Buy |
RSI | 40 | Sell |
OBV | 140887 | Sell |
VWAP | 22 | Buy |
ADL | 0 | Sell |
ROC | 5 | Buy |
Force Index | 0 | Sell |
Price action analysis of Farmers Merchants ( (FMAO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Farmers Merchants ( (FMAO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Farmers Merchants ( (FMAO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Farmers Merchants ( (FMAO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Farmers Merchants stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Farmers Merchants in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Farmers Merchants Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Farmers Merchants in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Farmers Merchants is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.45 and Farmers Merchants (FMAO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Farmers Merchants (FMAO) stock. Volume based technical analysis of Farmers Merchants (FMAO) stock is negative.
Farmers Merchants Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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