FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) Technical Analysis
NASDAQ:FRMEP • US3208172086
Current stock price
FRMEP Technical Rating and Analysis
Overall FRMEP gets a technical rating of 5 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FRMEP is a bad performer.
- When comparing the yearly performance of all stocks, FRMEP is a bad performer in the overall market: 68% of all stocks are doing better.
- FRMEP is part of the Banks industry. There are 376 other stocks in this industry, of which 84% are performing better than FRMEP.
- Warning: FRMEP has an average volume of 1052 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- FRMEP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FRMEP is lagging the market.
- In the last month FRMEP has a been trading in a tight range between 25.01 and 26.45.
FRMEP Weekly and Daily overview Charts
FRMEP Setup Rating and Analysis
Although the technical rating is only medium, FRMEP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.85, a Stop Loss order could be placed below this zone.
More info and screens
FRMEP Support and Resistance Analysis
24.70
We found 1 important support area.
- A support zone ranging from 24.95 to 25.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.90 to 26.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FRMEP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FRMEP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRMEP is up. |
| ChartMill Relative Strength | 32.27 | NEUTRAL | FRMEP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FRMEP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRMEP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRMEP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.09 | NEUTRAL | The RSI value for FRMEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FRMEP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.77 | NEUTRAL | The Stochastics value for FRMEP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for FRMEP suggests low volalility. |
| Average Directional Index/ADX (14) | 18.75 | NEGATIVE | The low ADX value for FRMEP suggests a weak or negative trend. |
FRMEP Chart- and CandleStick Pattern Analysis
FRMEP Technicals: Chart, Performance Metrics, Trend & Indicators
FIRST MERCHANTS CORP - FRME 7 1/2 PERP
NASDAQ:FRMEP (4/21/2026, 8:00:01 PM)
25.88
-0.01 (-0.02%)
FIRST MERCHANTS CORP - FRME 7 1/2 PERP / FRMEP TA FAQ
What is the ChartMill technical rating of FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) stock?
ChartMill assigns a technical rating of 5 / 10 to FRMEP.
What is the current trend direction of FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) stock?
The current trend direction for FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) is Bullish.
What is the RSI signal for FRMEP stock?
FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) has an RSI value of 52.0924. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST MERCHANTS CORP - FRME 7 1/2 PERP?
The MACD indicator for FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) has a value of 0.0290256, indicating a bearish trend.
What is the support and resistance level for FRMEP stock?
FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) has a support level at 25.85 and a resistance level at 25.9. Check the full technical report for our detailed analysis of FRMEP support and resistance levels.