Technical Analysis for FRME - First Merchants Corporation

Grade Last Price % Change Price Change
grade B 42.53 0.57% 0.24
FRME closed up 0.57 percent on Tuesday, December 12, 2017, on 1.31 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
Track This Stock
Watchlist Portfolio
Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Up Flat Down
See historical FRME trend table...

Date Alert Name Type % Chg
Dec 12 Crossed Above 50 DMA Bullish 0.00%
Dec 12 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Dec 12 NR7 Range Contraction 0.00%
Dec 12 NR7-2 Range Contraction 0.00%
Dec 12 Wide Bands Range Expansion 0.00%
Dec 11 Fell Below 50 DMA Bearish 0.57%
Dec 11 NR7 Range Contraction 0.57%
Dec 11 NR7-2 Range Contraction 0.57%
Dec 11 Wide Bands Range Expansion 0.57%
Dec 8 50 DMA Support Bullish -0.12%

Older signals for FRME ...

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio.
Basic chart:

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: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 45.42
52 Week Low 34.6677
Average Volume 185,858
200-Day Moving Average 40.3256
50-Day Moving Average 42.4938
20-Day Moving Average 42.0567
10-Day Moving Average 43.138
Average True Range 1.2239
ADX 26.52
+DI 17.93
-DI 25.55
Chandelier Exit (Long, 3 ATRs ) 41.7483
Chandelier Exit (Short, 3 ATRs ) 41.1167
Upper Bollinger Band 44.544
Lower Bollinger Band 39.5694
Percent B (%b) 0.6
BandWidth 11.828317
MACD Line 0.263
MACD Signal Line 0.2379
MACD Histogram 0.0251
Fundamentals Value
Market Cap 2.09 Billion
Num Shares 49.2 Million
EPS 2.19
Price-to-Earnings (P/E) Ratio 19.42
Price-to-Sales 7.28
Price-to-Book 1.83
PEG Ratio 2.73
Dividend 0.72
Dividend Yield 1.69%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 43.58
Resistance 3 (R3) 43.54 43.14 43.41
Resistance 2 (R2) 43.14 42.88 43.17 43.35
Resistance 1 (R1) 42.84 42.71 42.99 42.88 43.29
Pivot Point 42.44 42.44 42.52 42.47 42.44
Support 1 (S1) 42.14 42.18 42.29 42.18 41.77
Support 2 (S2) 41.74 42.01 41.77 41.71
Support 3 (S3) 41.44 41.74 41.66
Support 4 (S4) 41.48