Free Daily Analysis

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.

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
43.37 43.40 42.67 43.08 -0.22
Entry Signal

MarketClub’s Trade Triangles for FRME

long term up The long-term trend has been UP since Jul 15th, 2024 at 36.270

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 39.840

short term up 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).

+80
Smart Scan Analysis for FRME
Strong Downtrend Sideways 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 High50.44Year High Date2018-07-26
Year Low39.68Year Low Date2018-10-24
52wk High46.1352wk High Date2024-11-25
52wk Low30.5552wk Low Date2024-06-11
Year End Close14.84Average Volume245,144
Shares Outstanding58,671Short Interest441,306
% Institutional64.4Market Cap1,951M
Assets183,034,230MLiabilities160,908,980M
P/E Ratio13.8782Beta1.12
Volatility22.68
Get a free daily analysis and signals for First Merchants Corporation (FRME) - Request Your Free Report.