# FMAO: Wick Above 78.6% Not Held Break

> NASDAQ:FMAO wick above 78.6% Fibonacci level not a held break.
- Title: FMAO: Wick Above 78.6% Not Held Break · TradingView | Shortify
- Summary: NASDAQ:FMAO wick above 78.6% Fibonacci level not a held break. Farmers & Merchants Bancorp's Friday candle closed above 61.8% but below 78.6% Fibonacci…
- Keywords: fmao, fibonacci, nasdaq, farmers merchants bancorp, candlestick, technical analysis, business, finance, Wick, Above, Held, Break
- Source: TradingView — https://tradingview.com/chart/FMAO/5hagWoQo-FMAO-A-Wick-Above-78-6-Is-Not-a-Held-Break
- Published: 2026-10-19T08:00:29+00:00
- Read time: 1 min
- Topics: fmao, fibonacci, nasdaq, farmers merchants bancorp, candlestick, technical analysis, business, finance
## FMAO Chart Review
This educational daily-chart review uses completed candles through October 16, 2026.
## Friday Candle Details
Farmers & Merchants Bancorp's Friday candle opened at 35.220, reached 35.800, traded down to 34.950 and closed at 35.320.
## Fibonacci Levels
The selected Fibonacci map runs from September 17's 36.120 high to October 1's 33.630 low.
## Key Levels
Measuring upward from the low puts 23.6% at 34.218, 38.2% at 34.581, the halfway convention at 34.875, 61.8% at 35.169 and 78.6% at 35.587.
## Friday's Action
Friday's high crossed the 78.6% level, but its close returned below it. The close remained above 61.8%.
## Technical Indicators
The 55 EMA was rising and ended near 34.244, below price. RSI 14 ended at 54.39.
## Key takeaway

Farmers & Merchants Bancorp's Friday candle closed above 61.8% but below 78.6% Fibonacci level, indicating a partial recovery without confirmed breakout.