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(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.

Showing technical analysis as on 2024-10-03 View latest technical analysis

10 day averaged volume of Farmers Merchants is 28840

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	26.25	26.06	26.25	25.56	0.565 times
02 Wed Oct 2024	26.06	26.48	26.48	25.92	0.329 times
01 Tue Oct 2024	26.16	27.47	27.47	25.95	0.898 times
30 Mon Sep 2024	27.65	27.43	28.14	27.27	0.687 times
27 Fri Sep 2024	27.69	27.54	27.80	27.28	0.811 times
26 Thu Sep 2024	27.25	27.70	27.78	27.18	0.7 times
25 Wed Sep 2024	27.37	27.48	27.57	26.71	0.922 times
24 Tue Sep 2024	27.44	27.51	27.84	27.30	0.728 times
23 Mon Sep 2024	27.30	27.56	27.56	27.00	0.461 times
20 Fri Sep 2024	27.53	27.61	27.93	26.67	3.617 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.3, but if it comes above 26.3, then a intra day buy could be more profitable.
If you take a sell trade below 26.3, then use 26.3 as stoploss and 25.5 as target. However if you take a buy trade in stock , then use 26.3 as stoploss and 26.99 as target.

Share price targets for Farmers Merchants (FMAO)

Target Type	Value
Downside Target	19.95
Downside Target	20.88
Downside Target	21.48
Downside Target	24.98
Upside Target	26.67
Upside Target	27.77
Upside Target	27.84
Upside Target	28.01
Upside Target	28.09
Upside Target	28.14
Upside Target	28.75

Intraday share price targets for Farmers Merchants (FMAO)

Target Type	Value
Downside Intraday Target	25.16
Downside Intraday Target	24.07
Upside Intraday Target	27.74
Upside Intraday Target	29.23
Upside Intraday Target	26.65

Weekly technical analysis of Farmers Merchants (FMAO)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	26.25	27.43	28.14	25.56	0.684 times
27 Fri Sep 2024	27.69	27.56	27.84	26.71	0.472 times
20 Fri Sep 2024	27.53	27.58	28.01	26.67	2.51 times
13 Fri Sep 2024	27.67	25.87	27.77	25.77	1.027 times
06 Fri Sep 2024	25.87	27.09	27.09	25.36	8.269 times

Price has moved down 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
03 Thu Oct 2024	26.25	27.47	27.47	25.56	0.099 times
30 Mon Sep 2024	27.65	27.09	28.14	25.36	0.749 times
30 Fri Aug 2024	27.49	27.33	28.09	21.48	0.602 times
31 Wed Jul 2024	27.53	23.15	28.75	20.88	1.166 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Farmers Merchants ( (FMAO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Farmers Merchants ( (FMAO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Farmers Merchants ( (FMAO) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Farmers Merchants stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Farmers Merchants in short term but the sell signal is initial and weak.

Farmers Merchants Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Farmers Merchants in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Farmers Merchants is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.25 and Farmers Merchants (FMAO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.