Technical Analysis for FRME - First Merchants Corporation

Grade Last Price % Change Price Change
C 45.04 -1.79% -0.82
FRME closed down 1.79 percent on Thursday, April 22, 2021, on 54 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical FRME trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Earnings Movers Other 0.00%
Crossed Above 50 DMA Bullish -1.79%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.79%
Bollinger Band Squeeze Range Contraction -1.79%
Earnings Movers Other -1.79%
BB Squeeze + Lower Band Touch Range Contraction -1.79%
Older End-of-Day Signals for FRME ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakdown about 15 hours ago
50 DMA Support about 16 hours ago
Non-ADX 1,2,3,4 Pullback Entry about 19 hours ago
Rose Above Previous Day's High about 19 hours ago
10 DMA Resistance about 19 hours ago
View Earlier Intraday Alerts

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Profile

First Merchants Corporation Description

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.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Banking Bank Demand Deposit Trust Services Repurchase Agreement Real Estate Mortgage Loans Wsfs Bank Deposit Facilities Community Banking Services Corporate Trust Services Interactive Voice Response Renting Service Broker Service Brokerage Personal And Corporate Trust Services Internet Technology Corporate Services Interactive Voice Response Systems

Is FRME a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 50.65
52 Week Low 21.18
Average Volume 163,191
200-Day Moving Average 34.03
50-Day Moving Average 45.68
20-Day Moving Average 46.51
10-Day Moving Average 46.25
Average True Range 1.55
ADX 17.68
+DI 17.02
-DI 21.45
Chandelier Exit (Long, 3 ATRs ) 43.89
Chandelier Exit (Short, 3 ATRs ) 48.79
Upper Bollinger Band 48.05
Lower Bollinger Band 44.97
Percent B (%b) 0.02
BandWidth 6.63
MACD Line -0.07
MACD Signal Line 0.20
MACD Histogram -0.2763
Fundamentals Value
Market Cap 2.44 Billion
Num Shares 54.3 Million
EPS 2.78
Price-to-Earnings (P/E) Ratio 16.22
Price-to-Sales 3.91
Price-to-Book 1.03
PEG Ratio 2.68
Dividend 1.04
Dividend Yield 2.31%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 47.10
Resistance 3 (R3) 47.31 46.84 46.75
Resistance 2 (R2) 46.84 46.32 46.73 46.64
Resistance 1 (R1) 45.94 45.99 45.71 45.73 46.52
Pivot Point 45.47 45.47 45.35 45.36 45.47
Support 1 (S1) 44.57 44.95 44.34 44.36 43.56
Support 2 (S2) 44.10 44.62 43.99 43.44
Support 3 (S3) 43.20 44.10 43.33
Support 4 (S4) 42.99