FIRST MERCHANTS CORP (FRME)
US3208171096 - Common Stock
Taking everything into account, FRME scores 2 out of 10 in our technical rating. FRME has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month FRME has a been trading in the 38.19 - 44.06 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, FRME turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
FRME is an average performer in the Banks industry, it outperforms 52% of 403 stocks in the same industry.
FRME is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRME is lagging the market slightly.
FRME has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 38.69, a Stop Loss order could be placed below this zone.
More info and screens
34.51
44.99
When analyzing the support we can see 2 important areas.
- A support zone ranging from 38.31 to 38.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.86 to 35.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @38.80 from a trend line in the daily time frame.
- A resistance zone ranging from 40.97 to 41.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 43.83 to 44.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.95
Mansfield-0.16
10 Day High41.15
10 Day Low38.19
20 Day High44.06
20 Day Low38.19
52 Week High46.13
52 Week Low30.55
Performance
1 Week-2.93%
2 Weeks-4.47%
1 Month-9.49%
3 Month4.14%
6 Month9.41%
12 Month11.17%
2 Year-9.19%
3 Year-8.74%
5 Year-2.59%
10 Year77.29%
15 Year472.78%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.28
RSI(14)33.62
LBB38.42
UBB41.48
FIRST MERCHANTS CORP
NASDAQ:FRME (1/8/2025, 8:03:12 PM)
After market: 38.72 0 (0%)38.72
+0.02 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.05%
1 Week-2.93%
2 Weeks-4.47%
1 Month-9.49%
3 Month4.14%
6 Month9.41%
12 Month11.17%
2 Year-9.19%
3 Year-8.74%
5 Year-2.59%
10 Year77.29%
15 Year472.78%
Volatility
ATR(14)1.21
ATR(20)%2.95%
ATR Inc-16.22%
Range Today0.82
ADR(20)1.14
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.95
Mansfield-0.16
10 Day High41.15
10 Day Low38.19
20 Day High44.06
20 Day Low38.19
52 Week High46.13
52 Week Low30.55
CS1 End38.69
CR1 Start38.8
Volume & EV
DER(3)0.49%
DER(5)-1.31%
Volume177.30K
Volume Incr-29.87%
Vol(5)183.88K
Vol(50)273.92K