Technical Analysis for FRME - First Merchants Corporation

Grade Last Price % Change $ Change
grade B $41.09 -2.40% -1.01
FRME closed down 2.4 percent on Friday, February 17, 2017, on 2.04 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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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
Feb 17 Slingshot Bullish Bullish Swing Setup 0.00%
Feb 16 New 52 Week High Bullish -2.40%
Feb 15 New 52 Week High Bullish -1.98%
Feb 14 New 52 Week High Bullish -0.53%
Feb 13 New 52 Week High Bullish 0.76%
Feb 8 Slingshot Bullish Bullish Swing Setup 4.50%
Feb 7 New 52 Week High Bullish 2.09%
Feb 7 NR7 Range Contraction 2.09%
Feb 6 New 52 Week High Bullish 2.14%
Feb 3 New 52 Week High Bullish 2.57%

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: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 42.17
52 Week Low 20.8
Average Volume 178,844
200-Day Moving Average 29.73
50-Day Moving Average 37.84
20-Day Moving Average 39.33
10-Day Moving Average 40.66
Average True Range 0.88
ADX 37.67
+DI 35.64
-DI: 14.69
Chandelier Exit (Long, 3 ATRs) 39.53
Chandelier Exit (Short, 3 ATRs) 37.9
Upper Bollinger Band 42.68
Lower Bollinger Band 35.98
Percent B (%b) 0.76
Bandwidth 0.170353