Tickeron detected bearish Stock Pattern: Broadening Bottom FMNB on February 27, 2024, netting in a 6.95% gain over 3 weeks

A.I.dvisor
at Tickeron.com
03/20/24
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+6.95% Gain from a Successful pattern Broadening Bottom
FMNB - Farmers National Banc Corp
Ticker: FMNB
Company: Farmers National Banc
Gain from shortening: +6.95%
Confirmed: 02/27/24
Succeeded: 03/18/24
Total length: 21 days
On February 26, 2024, A.I.dvisor detected a Broadening Bottom Pattern (Bearish) for Farmers National Banc Corp (FMNB, $13.26). 1 day later, on February 27, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 18, 2024, the stock hit the target price of $12.39 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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FMNBDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a regional bank

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
Regional Banks
Address
20 South Broad Street
Phone
+1 330 533-3341
Employees
666
Web
https://www.farmersbankgroup.com