Should You Buy Farmers National Banc (FMNB) After Golden Cross?
FMNBFarmers National Banc(FMNB) ZACKS·2024-08-07 22:56

After reaching an important support level, Farmers National Banc Corp. (FMNB) could be a good stock pick from a technical perspective. FMNB recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most com ...