First Merchants (FRME) Technical Analysis: Signals, Charts & Indicators

1.83 / 10

Underperform

Technical evaluation scores 1.83/10, classifying FRME as underperforming. All four monitored patterns—Long Lower Shadow, MACD Death Cross, RSI Overbought, Inverted Hammer—are bearish. No bullish signals appear, indicating heightened downside risk and a weak market stance.

Analysis Checks(0/4)

Long Lower Shadow

Score1/10

Win Rate22.22%

Hist. Signals9

Avg Return-1.20%

RSI Overbought

Score2.25/10

Win Rate41.67%

Hist. Signals12

Avg Return-0.20%

MACD Death Cross

Score3.07/10

Win Rate44.44%

Hist. Signals9

Avg Return0.41%

Inverted Hammer

Score1/10

Win Rate33.33%

Hist. Signals3

Avg Return-3.83%

Technical Analysis of FRME?

FRME presents a Underperform setup with a Technical Score of 1.83/10. Key technical indicators highlight an RSI of 48.79 and a MACD of 0.30, with the trend anchored by the 50-Day SMA at 39.26. Traders should monitor key support at 37.50 and resistance at 38.37.