REPORTING FOR 2019-10-22 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how FRME has been trading over the last 2 weeks and the past day especially. On its latest session, First Merchants Corporation ($FRME) opened at 37.99, reaching a high of 38.545 and a low of 37.98 before closing at a price of 38.25. There was a total volume of 127547.
VOLUME INDICATORS FOR FIRST MERCHANTS CORPORATION ($FRME): We saw an accumulation-distribution index of 77.33838, an on-balance volume of -37.71, chaikin money flow of 1.03604 and a force index of 0.5609. There was an ease of movement rating of 0.00998, a volume-price trend of 1.51051 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR FIRST MERCHANTS CORPORATION ($FRME): We noted an average true range of 0.49852, bolinger bands of 38.5651, an upper bollinger band of 36.7549, lower bollinger band of 37.98, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 38.17167, high band keltner channel of 37.61667, low band keltner channel of 38.72667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 37.98, a donchian channel low band of 37.98, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR FIRST MERCHANTS CORPORATION ($FRME): We calculated a Moving Average Convergence Divergence (MACD) of -0.01436, a MACD signal of -0.00798, a MACD difference of -0.00638, a fast Exponential Moving Average (EMA) indicator of 37.98, a slow Exponential Moving Average (EMA) indicator of 37.98, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.48707, a trix of 2.88316, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -1.46951, a KST Oscillator (KST) of 40.24898 and a KST Oscillator (KST Signal) of 40.24898 (leaving a KST difference of -4.3823). We also found an Ichimoku rating of 38.2675, an Ichimoku B rating of 38.2675, a Ichimoku visual trend A of 37.39925, an Ichimoku visual trend B of 37.45512, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR FIRST MERCHANTS CORPORATION ($FRME): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 99.3241, a stochastic oscillator of 101.8018, a stochastic oscillator signal of 101.8018, a Williams %R rating of 1.8018 and an awesome oscillator of -0.11608.
RETURNS FOR FIRST MERCHANTS CORPORATION ($FRME): There was a daily return of 4.0249, a daily log return of -1.69946 and a cumulative return of -1.6851.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-22 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for First Merchants Corporation ($FRME)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling First Merchants Corporation ($FRME) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.