Technical Analysis for FRME - First Merchants Corporation

Grade Last Price % Change Price Change
grade D 35.16 -2.36% -0.85
FRME closed down 2.36 percent on Wednesday, May 22, 2019, on 2.17 times 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 Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical FRME trend table...

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -2.36%
NR7 Range Contraction -2.36%
NR7-2 Range Contraction -2.36%
Oversold Stochastic Weakness -2.36%
NR7 Range Contraction -1.71%
Oversold Stochastic Weakness -1.71%
Stochastic Reached Oversold Weakness -1.04%
Oversold Stochastic Weakness -1.04%
Lower Bollinger Band Walk Weakness -1.51%

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.
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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 32.49
Average Volume 188,076
200-Day Moving Average 40.7025
50-Day Moving Average 37.5428
20-Day Moving Average 36.611
10-Day Moving Average 36.089
Average True Range 0.9433
ADX 22.35
+DI 12.318
-DI 27.4889
Chandelier Exit (Long, 3 ATRs ) 35.8501
Chandelier Exit (Short, 3 ATRs ) 37.8499
Upper Bollinger Band 38.296
Lower Bollinger Band 34.926
Percent B (%b) 0.07
BandWidth 9.204884
MACD Line -0.6361
MACD Signal Line -0.5198
MACD Histogram -0.1164
Fundamentals Value
Market Cap 1.73 Billion
Num Shares 49.2 Million
EPS 2.19
Price-to-Earnings (P/E) Ratio 16.05
Price-to-Sales 7.28
Price-to-Book 1.83
PEG Ratio 2.73
Dividend 0.72
Dividend Yield 2.05%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.41
Resistance 3 (R3) 36.50 36.17 36.20
Resistance 2 (R2) 36.17 35.86 36.13 36.13
Resistance 1 (R1) 35.67 35.66 35.51 35.58 36.06
Pivot Point 35.34 35.34 35.26 35.30 35.34
Support 1 (S1) 34.84 35.03 34.68 34.75 34.26
Support 2 (S2) 34.51 34.83 34.47 34.19
Support 3 (S3) 34.01 34.51 34.12
Support 4 (S4) 33.92