Should You Buy Farmers National Banc Corp (FMNB) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Buy (starter position now) for a long-term beginner investor. FMNB just sold off hard to the 12.76 support area despite fundamentally positive Q4 updates (higher profit/revenue, improved net interest margin, lower nonperforming loans) and strong recent insider buying. The near-term chart is weak, but for a long-term approach this pullback offers a reasonable entry with upside toward the $14 area (analyst target / resistance).
Technical Analysis
Price/Trend: FMNB closed at 12.775 (-6.11% vs. prior close 13.59), landing right on first support S1=12.763 after breaking below the pivot 13.383, which confirms short-term downside momentum.
Momentum: MACD histogram is negative (-0.0197) and expanding lower, signaling bearish momentum still building.
RSI: RSI(6)=27.465, which is oversold (sub-30) and often associated with a near-term bounce risk, but it does not by itself confirm a trend reversal.
Moving averages: Converging MAs suggest the stock is compressing after the drop; no clear bullish alignment yet.
Levels: Support S1=12.763 then S2=12.379. Resistance at Pivot=13.383, then R1=14.004.
Pattern-based forward odds: Similar-candlestick model implies continued near-term weakness (60% odds of -5.66% next day; -6.06% next week; -9.78% next month), so the entry is primarily justified by fundamentals/insider activity rather than near-term technical strength.
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