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.

Open High Low FRME Price Change
35.8200 37.9300 35.5607 36.2200 +1.8300
Entry Signal

MarketClub’s Trade Triangles for FRME

long term down The long-term trend has been DOWN since Mar 9th, 2023 at 38.75

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2023 at 40.46

short term up 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).

Smart Scan Analysis for FRME
Strong Downtrend Sideways 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 High50.44Year High Date2018-07-26
Year Low39.68Year Low Date2018-10-24
52wk High45.0452wk High Date2022-11-10
52wk Low33.0752wk Low Date2023-03-13
Year End Close14.84Average Volume251,575
Shares Outstanding59,563Short Interest441,306
% Institutional64.4Market Cap1,951M
P/E Ratio9.0262Beta1.12
Get a free daily analysis and signals for First Merchants Corporation (FRME) - Request Your Free Report.