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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
First Merchants Corporation (NASDAQ:FRME)
Bull Market Weakness (+75) - FRME is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FRME as it may be in the beginning stages 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 UP since Jul 15th, 2024 at 36.27
The intermediate-term trend has been UP since Nov 6th, 2024 at 39.84
The short-term trend has been DOWN since Nov 15th, 2024 at 43.18
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 |
|---|---|---|---|---|
| 42.57 | 43.25 | 42.55 | 42.84 | -0.47 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.86 | 91887 | 2024-11-19 15:59:36 |
| Year High | 50.44 | Year High Date | 2018-07-26 |
| Year Low | 39.68 | Year Low Date | 2018-10-24 |
| 52wk High | 45.08 | 52wk High Date | 2024-11-13 |
| 52wk Low | 30.2 | 52wk Low Date | 2023-11-27 |
| Year End Close | 14.84 | Average Volume | 371,924 |
| Shares Outstanding | 58,671 | Short Interest | 441,306 |
| % Institutional | 64.4 | Market Cap | 1,951M |
| Assets | 183,034,230M | Liabilities | 160,908,980M |
| P/E Ratio | 13.8814 | Beta | 1.12 |
| Volatility | 22.68 |