Overall FRMEP gets a technical rating of 5 out of 10. FRMEP has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- FRMEP is one of the lesser performing stocks in the Banks industry. 68% of 383 stocks in the same industry do better.
- Warning: FRMEP has an average volume of 1344 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- A new 52 week high is currently being made by FRMEP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, FRMEP outperforms 48% of them, which is more or less in line with the market.
- In the last month FRMEP has a been trading in a tight range between 25.25 and 26.35.
- Volume is considerably higher in the last couple of days.
FRMEP has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.59
We found 1 important support area.
- A support zone ranging from 24.84 to 25.95. 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 26.26 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 | 48.55 | NEUTRAL | FRMEP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRMEP is above the rising 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) | 58.83 | NEUTRAL | The RSI value for FRMEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FRMEP has a positive trend. |
| Stochastics (14,3) | 55.4 | NEUTRAL | The Stochastics value for FRMEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for FRMEP suggests low volalility. |
| Average Directional Index/ADX (14) | 12.74 | NEGATIVE | The low ADX value for FRMEP suggests a weak or negative trend. |
FIRST MERCHANTS CORP - FRME 7 1/2 PERP
NASDAQ:FRMEP (1/13/2026, 8:20:01 PM)
26.25
+0.42 (+1.64%)
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 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 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 58.8251. 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 0.0387541, 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.