Technical Analysis for FRME - First Merchants Corporation
|Grade||Last Price||% Change||$ Change|
FRME closed down 1.21 percent on Wednesday, March 22, 2017, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Trend Table & Recent Alerts
|Weak or Absent||Up||Down||Down|
|See historical FRME trend table...|
|Date||Alert Name||Type||% Chg|
|Mar 22||Stochastic Reached Oversold||Other||0.00%|
|Mar 22||Lower Bollinger Band Walk||Other||0.00%|
|Mar 21||Fell Below 50 DMA||Bearish||-1.21%|
|Mar 21||Wide Range Bar||Range Expansion||-1.21%|
|Mar 21||Expansion Pivot Sell Setup||Bearish Swing Setup||-1.21%|
|Mar 20||NR7||Range Contraction||-5.78%|
|Mar 14||NR7||Range Contraction||-5.95%|
|Mar 6||Non-ADX 1,2,3,4 Bullish||Bullish Swing Setup||-6.39%|
|Mar 3||Non-ADX 1,2,3,4 Bullish||Bullish Swing Setup||-6.53%|
|Mar 2||New Downtrend||Bearish||-5.28%|
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First Merchants Corporation operates as the financial holding company for First Merchants Bank, National Association that provides community banking services. The company offers a range of financial services, including accepting time deposits, and savings and demand deposits; making consumer, commercial, agri-business, and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services; offering full-service brokerage; and providing other corporate services, letters of credit, and repurchase agreements. It also operates as a property, casualty, personal lines, and employee benefit insurance agency. The company operates 76 banking locations in 24 Indiana and 2 Ohio counties. Its delivery channels include ATMs, check cards, remote deposit capture, interactive voice response systems, and Internet technology. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Is FRME a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more FRME news...
|52 Week High||42.01|
|52 Week Low||22.33|
|200-Day Moving Average||31.2734|
|50-Day Moving Average||39.1182|
|20-Day Moving Average||40.0075|
|10-Day Moving Average||39.558|
|Average True Range||0.9746|
|Chandelier Exit (Long, 3 ATRs)||38.7562|
|Chandelier Exit (Short, 3 ATRs)||39.9338|
|Upper Bollinger Band||41.8858|
|Lower Bollinger Band||38.1292|
|Percent B (%b)||-0.17|