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Stock Trend Analysis Report
Prepared for you on Sunday, December 8, 2024.
First Merchants Corporation (NASDAQ:FRME)
Countertrend Up (+85) - FRME is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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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 36.270
The intermediate-term trend has been UP since Nov 6th, 2024 at 39.840
The short-term trend has been UP since Dec 5th, 2024 at 44.145
Smart Scan Analysis for FRME
Based on our trend formula, FRME is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 43.37 | 43.40 | 42.67 | 43.08 | -0.22 |
| Prev. Close | Volume | Bid | Ask | Time |
| 43.06 | 91798 | 2024-12-06 15:59:46 |
| Year High | 50.44 | Year High Date | 2018-07-26 |
| Year Low | 39.68 | Year Low Date | 2018-10-24 |
| 52wk High | 46.13 | 52wk High Date | 2024-11-25 |
| 52wk Low | 30.55 | 52wk Low Date | 2024-06-11 |
| Year End Close | 14.84 | Average Volume | 245,144 |
| 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 | 13.8782 | Beta | 1.12 |
| Volatility | 22.68 |