RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FMAO
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Weaker technical forecast for Farmers and Merchants Bancorp Inc as stock downgraded to Hold/Accumulate.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 4.75% PDF

The Farmers and Merchants Bancorp Inc stock price fell by -0.93% on the last day (Thursday, 28th Mar 2024) from $22.50 to $22.29. During the last trading day the stock fluctuated 4.40% from a day low at $21.80 to a day high of $22.76. The price has risen in 7 of the last 10 days and is up by 15.02% over the past 2 weeks. Volume has increased on the last day by 30 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 53 thousand shares were bought and sold for approximately $1.18 million.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $22.45 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -11.31% during the next 3 months and, with a 90% probability hold a price between $16.77 and $19.91 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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FMAO Signals & Forecast

The Farmers and Merchants Bancorp Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $21.72 and $20.85. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -0.93%. Further fall is indicated until a new bottom pivot has been found. Farmers and Merchants Bancorp Inc gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Farmers and Merchants Bancorp Inc stock

Farmers and Merchants Bancorp Inc finds support from accumulated volume at $21.71 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.96 between high and low, or 4.40%. For the last week, the stock has had daily average volatility of 5.41%.

Our recommended stop-loss: $21.58 (-3.17%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (FMAO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Farmers and Merchants Bancorp Inc to open at $22.28, and during the day (based on 14 day Average True Range), to move between $21.30 and $23.28, which gives a possible trading interval of +/-$0.99 (+/-4.45%) up or down from last closing price. If Farmers and Merchants Bancorp Inc takes out the full calculated possible swing range there will be an estimated 8.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $22.30 (0.04%) than the support at $21.71 (2.60%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Farmers and Merchants Bancorp Inc stock A Buy?

Farmers and Merchants Bancorp Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.541 Hold/Accumulate Downgraded

Predicted Opening Price for Farmers and Merchants Bancorp Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$22.28 ( 0.0299%) $22.29

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FMAO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 23.24 4.28 %
R2 22.88 2.63 %
R1 22.65 1.62 %
Current price: 22.29
Support S1 21.92 -1.68 %
S2 21.69 -2.69 %
S3 21.32 -4.34 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 22.78 2.20 %
R2 22.50 0.94 %
R1 22.30 0.0449 %
Current price 22.29
Support S1 21.71 -2.60%
S2 21.41 -3.95%
S3 19.61 -12.02%

FMAO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 19, 2024 Mar 27, 2024 Apr 20, 2024 $0.220 0.99%
2 Dec 19, 2023 Dec 28, 2023 Jan 20, 2024 $0.220 0.97%
3 Sep 26, 2023 Oct 05, 2023 Oct 20, 2023 $0.210 1.19%
4 Jun 27, 2023 Jul 06, 2023 Jul 20, 2023 $0.210 0.85%
5 Mar 21, 2023 Mar 30, 2023 Apr 20, 2023 $0.210 0.89%

FAQ

What is the symbol for Farmers and Merchants Bancorp Inc Stock and on which exchange is it traded?
The symbol for Farmers and Merchants Bancorp Inc is FMAO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Farmers and Merchants Bancorp Inc Stock?
Farmers and Merchants Bancorp Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Farmers and Merchants Bancorp Inc Stock?
Farmers and Merchants Bancorp Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Farmers and Merchants Bancorp Inc Stock.

What's the current price of Farmers and Merchants Bancorp Inc Stock?
As of the end of day on the 2024-03-28, the price of an Farmers and Merchants Bancorp Inc (FMAO) share was $22.29.

What is the 52-week high and low for Farmers and Merchants Bancorp Inc Stock?
The 52-week high for Farmers and Merchants Bancorp Inc Stock is $27.78 and the 52-week low is $16.90.

What is the market capitalization of Farmers and Merchants Bancorp Inc Stock?
As of the 2024-03-28, the market capitalization of Farmers and Merchants Bancorp Inc is 307.447M.

When is the next earnings date for Farmers and Merchants Bancorp Inc?
The upcoming earnings date for Farmers and Merchants Bancorp Inc is Apr 17, 2024.
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About Farmers and Merchants Bancorp Inc

Farmers and Merchants Ban Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and reside... FMAO Profile

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