On April 30, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for Farmers & Merchants Bancorp (FMAO, $20.50). On May 02, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $23.26. 12 days later, on May 14, 2024, FMAO reached the target price resulting in a +1 for traders who took a long position in the stock.