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Stock Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

First Merchants Corporation (NASDAQ:FRME)

Weak Downtrend (-65) - FRME is showing signs of a strengthening downtrend. Monitor FRME as it may be building momentum to the downside.

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.

NASDAQ_FRME
Open High Low FRME Price Change
42.82 44.16 41.33 41.35 -1.97
Entry Signal

MarketClub’s Trade Triangles for FRME

long term up The long-term trend has been UP since Oct 8th, 2021 at 43.490

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2021 at 41.520

short term down The short-term trend has been DOWN since Oct 27th, 2021 at 42.695

Smart Scan Analysis for FRME

Based on our trend formula, FRME is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for FRME
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.82 44.16 41.33 41.35 -1.97
Prev. Close Volume Bid Ask Time
43.32 146179 2021-10-27 14:58:30
Year High50.44Year High Date2018-07-26
Year Low39.68Year Low Date2018-10-24
52wk High50.6552wk High Date2021-03-12
52wk Low24.290952wk Low Date2020-10-30
Year End Close14.84Average Volume118,767
Shares Outstanding54,164Short Interest441,306
% Institutional64.4Market Cap1,951M
Assets149,230,970MLiabilities130,512,970M
P/E Ratio12.593Beta1.12
Volatility22.68
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