Farmers & Merchants: RSI Overbought, Bearish Marubozu on 15min chart.

Thursday, Dec 4, 2025 10:46 am ET1min read

According to the 15-minute chart for Farmers & Merchants, the Relative Strength Index (RSI) has reached an overbought level, accompanied by a bearish Marubozu candlestick pattern on December 4, 2022 at 10:30. This indicates that the stock price has experienced a rapid increase that is not supported by fundamental analysis, suggesting that sellers are in control of the market. As a result, it is likely that the bearish momentum will continue.

Comments



Add a public comment...
No comments

No comments yet