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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 2024-06-04 View latest technical analysis

10 day averaged volume of Farmers Merchants is 13196

Date Daily Closing Price Open High Low Volume
04 Tue Jun 2024 21.00 21.59 21.59 21.00 1.023 times
03 Mon Jun 2024 21.75 22.33 22.33 21.50 1.402 times
31 Fri May 2024 22.06 21.82 22.15 21.82 0.697 times
30 Thu May 2024 21.54 21.61 22.41 21.54 0.674 times
29 Wed May 2024 21.32 21.85 21.87 21.30 0.879 times
28 Tue May 2024 21.97 22.21 22.21 21.95 0.849 times
23 Thu May 2024 22.03 22.24 22.59 21.92 1.705 times
22 Wed May 2024 22.30 22.02 22.30 22.00 0.75 times
21 Tue May 2024 22.13 22.25 22.54 21.80 1.288 times
20 Mon May 2024 22.10 22.65 22.84 22.10 0.511 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 21, for a target of 21.6 or 22.11

Share price targets for Farmers Merchants (FMAO)

Target Type Value
Downside Target 18.99
Downside Target 19.50
Downside Target 20.79
Upside Target 21.80
Upside Target 22.33
Upside Target 22.41
Upside Target 22.48
Upside Target 22.84
Upside Target 22.94
Upside Target 23.19
Upside Target 23.44

Intraday share price targets for Farmers Merchants (FMAO)

Target Type Value
Downside Intraday Target 20.56
Downside Intraday Target 20.11
Upside Intraday Target 21.89
Upside Intraday Target 22.77
Upside Intraday Target 21.44

Weekly technical analysis of Farmers Merchants (FMAO)

Date Weekly Closing Price Open High Low Volume
04 Tue Jun 2024 21.00 22.33 22.33 21.00 0.782 times
31 Fri May 2024 22.06 22.21 22.41 21.30 0.728 times
23 Thu May 2024 22.03 22.65 22.84 21.80 0.895 times
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

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
04 Tue Jun 2024 21.00 22.33 22.33 21.00 0.126 times
31 Fri May 2024 22.06 20.79 23.44 20.79 0.668 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 SELL. Signal strength is Weak 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 coming down

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 21.82 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Farmers Merchants ( (FMAO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 SELL. Signal strength is Weak 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 coming down

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 21.82 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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