Technical Analysis for FRME - First Merchants Corporation

Grade Last Price % Change Price Change
grade C 28.06 -2.47% -0.71
FRME closed down 2.47 percent on Friday, May 29, 2020, on 85 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
MACD Bullish Centerline Cross Bullish -2.47%
Multiple of Ten Bearish Other -2.47%
Weak + Overbought Other -2.47%
Overbought Stochastic Strength -2.47%
Upper Bollinger Band Touch Strength -2.47%
Expansion Pivot Buy Setup Bullish Swing Setup -5.65%

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
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.
Financial Services Banking Bank Ing Australia Wsfs Bank Hilltop Holdings Inc. National Association Real Estate Mortgage Loans Community Banking Services Interactive Voice Response Personal And Corporate Trust Services Corporate Services Interactive Voice Response Systems Internet Technology

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 42.48
52 Week Low 21.18
Average Volume 240,595
200-Day Moving Average 35.56
50-Day Moving Average 26.10
20-Day Moving Average 25.79
10-Day Moving Average 26.24
Average True Range 1.70
ADX 14.89
+DI 31.83
-DI 22.27
Chandelier Exit (Long, 3 ATRs ) 25.18
Chandelier Exit (Short, 3 ATRs ) 26.29
Upper Bollinger Band 29.45
Lower Bollinger Band 22.13
Percent B (%b) 0.81
BandWidth 28.39
MACD Line 0.30
MACD Signal Line -0.27
MACD Histogram 0.5665
Fundamentals Value
Market Cap 1.38 Billion
Num Shares 49.2 Million
EPS 2.19
Price-to-Earnings (P/E) Ratio 12.81
Price-to-Sales 7.28
Price-to-Book 1.83
PEG Ratio 2.73
Dividend 0.72
Dividend Yield 2.57%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.22
Resistance 3 (R3) 29.17 28.75 29.02
Resistance 2 (R2) 28.75 28.45 28.77 28.96
Resistance 1 (R1) 28.40 28.27 28.19 28.45 28.89
Pivot Point 27.98 27.98 27.87 28.00 27.98
Support 1 (S1) 27.63 27.68 27.42 27.68 27.23
Support 2 (S2) 27.21 27.50 27.23 27.16
Support 3 (S3) 26.86 27.21 27.10
Support 4 (S4) 26.91