Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) Dropped -2.4% – Here’s Why

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For its latest trading sesion, Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) dropped by -2.4% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.027, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.276, an Accumulation/Distribution Index (ADI) of 0.276, an On-Balance Volume (OBV) of 274.709, and a Chaiikin Money Flow (CMF) of 30.32. 0.67

Now let’s take all these indicators into account. According to Trading View, this is what it all means:

So there you have it – our analysis of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.