Technical Analysis for FRME - First Merchants Corporation

Grade Last Price % Change Price Change
grade B 42.61 1.24% 0.52
FRME closed up 1.24 percent on Thursday, April 19, 2018, on 53 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Earnings due: Apr 26

Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical FRME trend table...

Date Alert Name Type % Chg
Apr 19 Crossed Above 50 DMA Bullish 0.00%
Apr 19 180 Bullish Setup Bullish Swing Setup 0.00%
Apr 19 Overbought Stochastic Strength 0.00%
Apr 18 50 DMA Resistance Bearish 1.24%
Apr 18 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.24%
Apr 18 Cup with Handle Other 1.24%
Apr 18 Inside Day Range Contraction 1.24%
Apr 17 Fell Below 50 DMA Bearish 1.12%
Apr 17 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.12%
Apr 17 Outside Day Range Expansion 1.12%

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: 3 bullish, 1 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 45.2222
52 Week Low 36.7762
Average Volume 131,425
200-Day Moving Average 41.5054
50-Day Moving Average 42.3081
20-Day Moving Average 41.8875
10-Day Moving Average 41.993
Average True Range 0.9747
ADX 25.83
+DI 13.86
-DI 18.11
Chandelier Exit (Long, 3 ATRs ) 41.3509
Chandelier Exit (Short, 3 ATRs ) 43.4541
Upper Bollinger Band 42.9526
Lower Bollinger Band 40.8224
Percent B (%b) 0.84
BandWidth 5.085527
MACD Line -0.0743
MACD Signal Line -0.1625
MACD Histogram 0.0881
Fundamentals Value
Market Cap 2.1 Billion
Num Shares 49.2 Million
EPS 2.19
Price-to-Earnings (P/E) Ratio 19.46
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) 43.63
Resistance 3 (R3) 43.57 43.18 43.46
Resistance 2 (R2) 43.18 42.92 43.21 43.40
Resistance 1 (R1) 42.89 42.76 43.04 42.95 43.35
Pivot Point 42.50 42.50 42.57 42.53 42.50
Support 1 (S1) 42.21 42.24 42.36 42.27 41.87
Support 2 (S2) 41.82 42.08 41.85 41.82
Support 3 (S3) 41.53 41.82 41.76
Support 4 (S4) 41.59