Technical Analysis for FRME - First Merchants Corporation
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 32.80 | -1.47% | -0.49 |
Earnings due: Jul 23
*** please verify all earnings dates ***| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Down | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Fell Below 50 DMA | Bearish | 0.00% | |
| Cup with Handle | Other | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| Upper Bollinger Band Walk | Strength | 0.00% | |
| BB Squeeze + Upper Band Touch | Range Contraction | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Upper Bollinger Band Touch | Strength | 0.00% | |
| Crossed Above 50 DMA | Bullish | -1.47% | |
| Expansion Pivot Buy Setup | Bullish Swing Setup | -1.47% | |
| Pocket Pivot | Bullish Swing Setup | -1.47% |
| Alert | Time |
|---|---|
| Down 1% | about 4 hours ago |
| 60 Minute Opening Range Breakdown | about 9 hours ago |
| Expansion Pivot Buy Entry | about 9 hours ago |
| Rose Above Previous Day's High | about 9 hours ago |
| 50 DMA Resistance | about 9 hours ago |
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- Earnings date: 07/23/2024
First Merchants Corporation Description
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.
Classification
Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Banking Bank Trust Services Demand Deposit Repurchase Agreement Real Estate Mortgage Loans Deposit Facilities Community Banking Services Corporate Trust Services Renting Service Broker Service Brokerage Interactive Voice Response Personal And Corporate Trust Services First Merchants Corporation Interactive Voice Response Systems Internet Technology
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 37.3591 |
| 52 Week Low | 24.886 |
| Average Volume | 249,026 |
| 200-Day Moving Average | 32.01 |
| 50-Day Moving Average | 33.18 |
| 20-Day Moving Average | 31.78 |
| 10-Day Moving Average | 32.02 |
| Average True Range | 0.76 |
| RSI (14) | 53.92 |
| ADX | 13.57 |
| +DI | 31.13 |
| -DI | 19.02 |
| Chandelier Exit (Long, 3 ATRs) | 31.27 |
| Chandelier Exit (Short, 3 ATRs) | 32.84 |
| Upper Bollinger Bands | 32.87 |
| Lower Bollinger Band | 30.69 |
| Percent B (%b) | 0.97 |
| BandWidth | 6.87 |
| MACD Line | -0.15 |
| MACD Signal Line | -0.40 |
| MACD Histogram | 0.2503 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 33.99 | ||||
| Resistance 3 (R3) | 34.11 | 33.83 | 33.79 | ||
| Resistance 2 (R2) | 33.83 | 33.53 | 33.77 | 33.72 | |
| Resistance 1 (R1) | 33.32 | 33.35 | 33.18 | 33.20 | 33.66 |
| Pivot Point | 33.04 | 33.04 | 32.98 | 32.98 | 33.04 |
| Support 1 (S1) | 32.53 | 32.74 | 32.39 | 32.41 | 31.94 |
| Support 2 (S2) | 32.25 | 32.56 | 32.19 | 31.88 | |
| Support 3 (S3) | 31.74 | 32.25 | 31.81 | ||
| Support 4 (S4) | 31.62 |
