FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) Technical Analysis
NASDAQ:FRMEP • US3208172086
Current stock price
FRMEP Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to FRMEP. FRMEP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- FRMEP is one of the lesser performing stocks in the Banks industry. 67% of 381 stocks in the same industry do better.
- Warning: FRMEP has an average volume of 1222 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 neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, FRMEP outperforms 42% of them, which is more or less in line with the market.
- FRMEP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRMEP is lagging the market slightly.
- In the last month FRMEP has a been trading in a tight range between 25.01 and 26.14.
FRMEP Weekly and Daily overview Charts
FRMEP Setup Rating and Analysis
The technical rating of FRMEP is bad and it also does not present a 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
FRMEP Support and Resistance Analysis
24.70
When analyzing the support we notice one important area.
- A support zone ranging from 24.95 to 25.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.28 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 | 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 | 42.58 | NEUTRAL | FRMEP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRMEP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRMEP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRMEP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.99 | NEUTRAL | The RSI value for FRMEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FRMEP has a negative trend. |
| Stochastics (14,3) | 35.08 | NEUTRAL | The Stochastics value for FRMEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for FRMEP suggests low volalility. |
| Average Directional Index/ADX (14) | 23.2 | NEUTRAL | The ADX value for FRMEP suggests a possible start of a new trend. |
FRMEP Chart- and CandleStick Pattern Analysis
FRMEP Technicals: Chart, Performance Metrics, Trend & Indicators
FIRST MERCHANTS CORP - FRME 7 1/2 PERP
NASDAQ:FRMEP (3/13/2026, 8:00:00 PM)
25.25
+0.16 (+0.64%)
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 2 / 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 38.9878. 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 -0.0554678, 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.