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Farmers National Banc Corp. Stock Forecast NASDAQ:FMNB

$17.77 (-3.48%)

Volume: 105k

Closed: Nov 26, 2021

Hollow Logo Score: 2.913

Farmers National Banc Corp. Stock Forecast

$17.77 (-3.48%)

Volume: 105k

Closed: Nov 26, 2021

Score Hollow Logo 2.913
Which way will FMNB go? Request
Stop-loss: $17.16 (-3.45%)
Key Stats
Beta 0.74
Trailing Dividend Rate 2.45% ($0.44)
Next Dividend Date Dec 09, 2021
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 40 and the stock is currently not being overbought or oversold

Red day on Friday for Farmers National Banc Corp.
(Updated on Nov 26, 2021)


Buy or Hold candidate since 2021-09-27 Gain 13.98%

The Farmers National Banc Corp. stock price fell by -3.48% on the last day (Friday, 26th Nov 2021) from $18.41 to $17.77. and has now fallen 3 days in a row. During the day the stock fluctuated 6.04% from a day low at $17.31 to a day high of $18.36. The price has been going up and down for this period, and there has been a -4.15% loss for the last 2 weeks. Volume has increased on the last day by 44 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, 105 thousand shares were bought and sold for approximately $1.86 million.

Given the current short-term trend, the stock is expected to rise 25.64% during the next 3 months and, with a 90% probability hold a price between $22.33 and $25.28 at the end of this 3-month period.

Signals & Forecast

A sell signal was issued from a pivot top point on Monday, November 01, 2021, and so far it has fallen -6.23%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Farmers National Banc Corp. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $18.39. On a fall, the stock will find some support from the long-term average at approximately $17.75. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

Support, Risk & Stop-loss

Farmers National Banc Corp. finds support from accumulated volume at $17.64 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.05 between high and low, or 6.04%. For the last week the stock has had a daily average volatility of 2.59%.

Our recommended stop-loss: $17.16 (-3.45%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 18 days ago.)

Is Farmers National Banc Corp. stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 2.913

Predicted Opening Price for Farmers National Banc Corp. of Monday, November 29, 2021

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

Fair opening price November 29, 2021 Current price
$17.81 $17.77 (Undervalued)
Buy Candidate Unchanged

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Analyst Ratings

On Nov 01, 2021 "Raymond James" gave "$18.00 - $20.00" rating for FMNB. The price target was set to $18.45+3.5%.

Volatility and Risk
Daily Average Volatility: 2.59 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.59 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $17.82
Price: $17.77
Support: $17.64

FMNB Insider Trading Show all Trades

INSIDER POWER

4.785

Last 100 transactions
Buy: 145 978 | Sell: 30 509 (Shares)
Date Action Amount Person Type
Nov 26, 2021 Buy 5 000 Muransky Edward Farmers National Banc Corp. Common Stock
Nov 05, 2021 Buy 10 942 Carney Timothy Farmers National Banc Corp. Common Stock
Nov 05, 2021 Buy 11 607 Gasior James M Farmers National Banc Corp. Common Stock
Nov 01, 2021 Buy 199 Muransky Edward Farmers National Banc Corp. Common Stock
Oct 01, 2021 Buy 236 Muransky Edward Farmers National Banc Corp. Common Stock
Show all Insider Trades
INSIDER POWER

4.785

Last 100 transactions
Buy: 145 978 | Sell: 30 509 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 18.86 6.12 %
18.46 3.87 %
18.21 2.48 %
Current price: 17.77
Support 17.41 -2.01 %
17.17 -3.40 %
16.77 -5.65 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 18.48 4.00 %
18.12 1.97 %
17.82 0.28 %
Current price 17.77
Support 17.64 -0.73%
16.83 -5.29%
15.16 -14.69%

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About Farmers National Banc Corp.

Farmers National Banc Corp. operates as a holding company for The Farmers National Bank of Canfield that provides commercial and retail banking products and services in Ohio. It offers deposit products, including demand deposits, savings and money market accounts, time deposits, and checking accounts; and loan products comprising mortgage and installment loans, home equity loans, and home equity lines of credit. The company also provides night de... Read more

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