Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
First Merchants Corporation (NASDAQ:FRME)
Bear Market Rally (-75) - FRME is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FRME as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FRME?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRME.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FRME
The long-term trend has been DOWN since Mar 9th, 2023 at 38.75
The intermediate-term trend has been DOWN since Mar 1st, 2023 at 40.46
The short-term trend has been UP since Mar 16th, 2023 at 37.31
Smart Scan Analysis for FRME
Based on our trend formula, FRME is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.8200 | 37.9300 | 35.5607 | 36.2200 | +1.8300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.3900 | 203308 | 2023-03-21 15:59:59 |
| Year High | 50.44 | Year High Date | 2018-07-26 |
| Year Low | 39.68 | Year Low Date | 2018-10-24 |
| 52wk High | 45.04 | 52wk High Date | 2022-11-10 |
| 52wk Low | 33.07 | 52wk Low Date | 2023-03-13 |
| Year End Close | 14.84 | Average Volume | 251,575 |
| Shares Outstanding | 59,563 | Short Interest | 441,306 |
| % Institutional | 64.4 | Market Cap | 1,951M |
| Assets | 179,383,060M | Liabilities | 159,035,360M |
| P/E Ratio | 9.0262 | Beta | 1.12 |
| Volatility | 22.68 |