Taking everything into account, FRMEP scores 3 out of 10 in our technical rating. FRMEP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
FRMEP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FRMEP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
24.59
We found 1 important support area.
- A support zone ranging from 24.84 to 25.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.90 to 26.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for FRMEP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRMEP is neutral. |
| ChartMill Relative Strength | 36.95 | 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) | 50.99 | NEUTRAL | The RSI value for FRMEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FRMEP has a positive trend. |
| Stochastics (14,3) | 54.22 | NEUTRAL | The Stochastics value for FRMEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for FRMEP suggests low volalility. |
| Average Directional Index/ADX (14) | 12.71 | NEGATIVE | The low ADX value for FRMEP suggests a weak or negative trend. |
FIRST MERCHANTS CORP - FRME 7 1/2 PERP
NASDAQ:FRMEP (1/7/2026, 8:00:00 PM)
25.8317
-0.03 (-0.11%)
FIRST MERCHANTS CORP - FRME 7 1/2 PERP / FRMEP FAQ
What is the ChartMill technical rating of FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) stock?
ChartMill assigns a technical rating of 3 / 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 Bearish.
What is the RSI signal for FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) stock?
FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) has an RSI value of 50.9932. This indicates that the stock is currently neutral.
What is the MACD signal for FRMEP stock?
The MACD indicator for FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) has a value of 0.010202, indicating a bearish trend.
Can you provide the short term momentum for FIRST MERCHANTS CORP - FRME 7 1/2 PERP?
The short term momentum for FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) is neutral.