Farmers National Banc Corp

FMNB remains in an advancing phase within a long-term uptrend (Stage 2), supported by a series of higher highs and higher lows and rising EMAs. The recent corrective pullback has tested and held the 9/21 EMA support zone, and a short-term bounce is visible. Medium-term structure and momentum permit bullish engagement, and current price behavior favors initiating a buy now near the EMA support area.

• ↑Merger with Middlefield expands assets to $7.2B and Central Ohio scale
• ↑4.74% dividend yield reflects robust shareholder capital returns
• ↓Integration complexity may delay realization of $2M annual savings