First Merchants Corp (FRME) Technical Analysis

$39.09▲-2.01%

Market is closed - opens 8 PM, 03 Jan 2025

Insights

First Merchants is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for First Merchants stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, First Merchants stock is Range bound.
Based on analysis of the Pivot Points, the current market trend for First Merchants stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	37.68	Neutral
Stochastic	8.55, 10.82	Neutral
Ultimate Oscillator	44.83	Neutral
Stochastic Relative Strength Index	5.47, 13.6	Neutral
Moving Average Convergence Divergence	-0.57, -0.2	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	40.68	Sell
20	42.0	Buy
50	41.39	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	40.84	Sell
20	41.49	Buy
50	41.14	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	41.03	Neutral
20	42.11	Sell
50	41.07	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	39.95	Sell
20	40.88	Sell
50	42.54	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	39.73	Sell
20	39.84	Sell
50	42.3	Sell

Pivot

Pivot	Value
Resistance L3	41.17
Resistance L2	40.74
Resistance L1	40.37
Pivot Point	39.94
Support L1	39.57
Support L2	39.14
Support L3	38.77

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.