Technical Analysis for FRME - First Merchants Corporation

Grade Last Price % Change Price Change
grade C 41.22 -0.07% -0.03
FRME closed down 0.07 percent on Friday, November 16, 2018, on 82 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Flat
See historical FRME trend table...

Date Alert Name Type % Chg
Nov 16 Narrow Range Bar Range Contraction 0.00%
Nov 16 NR7 Range Contraction 0.00%
Nov 15 Inside Day Range Contraction -0.07%
Nov 15 Lower Bollinger Band Touch Weakness -0.07%
Nov 14 20 DMA Resistance Bearish 1.98%
Nov 14 Multiple of Ten Bullish Other 1.98%
Nov 14 Down 3 Days in a Row Weakness 1.98%
Nov 14 Down 4 Days in a Row Weakness 1.98%
Nov 14 Lower Bollinger Band Touch Weakness 1.98%
Nov 13 20 DMA Resistance Bearish 0.02%

Older signals for FRME ...

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Profile
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
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 50.44
52 Week Low 38.9081
Average Volume 182,203
200-Day Moving Average 44.8563
50-Day Moving Average 43.9512
20-Day Moving Average 41.4455
10-Day Moving Average 41.343
Average True Range 1.0287
ADX 42.58
+DI 9.1435
-DI 25.1194
Chandelier Exit (Long, 3 ATRs ) 40.8839
Chandelier Exit (Short, 3 ATRs ) 42.7661
Upper Bollinger Band 42.4139
Lower Bollinger Band 40.4771
Percent B (%b) 0.38
BandWidth 4.673125
MACD Line -0.7665
MACD Signal Line -0.8786
MACD Histogram 0.1121
Fundamentals Value
Market Cap 2.03 Billion
Num Shares 49.2 Million
EPS 2.19
Price-to-Earnings (P/E) Ratio 18.82
Price-to-Sales 7.28
Price-to-Book 1.83
PEG Ratio 2.73
Dividend 0.72
Dividend Yield 1.75%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 41.96
Resistance 3 (R3) 41.93 41.65 41.83
Resistance 2 (R2) 41.65 41.47 41.67 41.79
Resistance 1 (R1) 41.44 41.35 41.55 41.47 41.75
Pivot Point 41.16 41.16 41.22 41.18 41.16
Support 1 (S1) 40.95 40.98 41.06 40.98 40.69
Support 2 (S2) 40.67 40.86 40.69 40.65
Support 3 (S3) 40.46 40.67 40.61
Support 4 (S4) 40.49