Technical Analysis for FRME - First Merchants Corporation

Grade Last Price % Change Price Change
grade C 47.76 -1.77% -0.86
FRME closed down 1.77 percent on Friday, September 21, 2018, on 5.33 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Flat Flat
See historical FRME trend table...

Date Alert Name Type % Chg
Sep 21 Fell Below 20 DMA Bearish 0.00%
Sep 21 Fell Below 50 DMA Bearish 0.00%
Sep 21 Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Sep 21 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Sep 21 Volume Surge Other 0.00%
Sep 21 Bollinger Band Squeeze Range Contraction 0.00%
Sep 21 BB Squeeze + Upper Band Touch Range Contraction 0.00%
Sep 21 Outside Day Range Expansion 0.00%
Sep 21 Upper Bollinger Band Touch Strength 0.00%
Sep 20 Crossed Above 20 DMA Bullish -1.77%

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: 1 bullish, 0 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 50.44
52 Week Low 37.2819
Average Volume 150,423
200-Day Moving Average 44.8329
50-Day Moving Average 47.811
20-Day Moving Average 47.8445
10-Day Moving Average 47.644
Average True Range 0.788
ADX 13.04
+DI 25.2547
-DI 15.9711
Chandelier Exit (Long, 3 ATRs ) 47.216
Chandelier Exit (Short, 3 ATRs ) 49.034
Upper Bollinger Band 48.73
Lower Bollinger Band 46.959
Percent B (%b) 0.45
BandWidth 3.701575
MACD Line -0.0462
MACD Signal Line -0.064
MACD Histogram 0.0178
Fundamentals Value
Market Cap 2.35 Billion
Num Shares 49.2 Million
EPS 2.19
Price-to-Earnings (P/E) Ratio 21.81
Price-to-Sales 7.28
Price-to-Book 1.83
PEG Ratio 2.73
Dividend 0.72
Dividend Yield 1.51%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 49.96
Resistance 3 (R3) 50.20 49.71 49.59
Resistance 2 (R2) 49.71 49.15 49.59 49.47
Resistance 1 (R1) 48.74 48.81 48.49 48.49 49.35
Pivot Point 48.25 48.25 48.13 48.13 48.25
Support 1 (S1) 47.27 47.69 47.03 47.03 46.17
Support 2 (S2) 46.78 47.34 46.66 46.05
Support 3 (S3) 45.81 46.78 45.93
Support 4 (S4) 45.56