Bollinger Bands Narrowing, KDJ Death Cross Triggered on First Merchants 15min Chart

Based on the 15-minute chart for First Merchants, there are indications of a narrowing in the stock price fluctuations, as evidenced by the Bollinger Bands. Additionally, the KDJ indicator has formed a death cross at 08/19/2022 15:00, suggesting that the momentum of the stock price is shifting towards the downside and may continue to decrease.

Title: First Merchants: Bollinger Bands Narrowing and KDJ Death Cross Signal Potential Downward Trend

First Merchants Corp. (NASDAQ:FRME), a financial holding company, has shown notable technical indicators on its 15-minute chart that suggest a potential downward trend in its stock price. On August 19, 2022, at 15:00, the chart triggered a Bollinger Bands Narrowing pattern, accompanied by a KDJ Death Cross. These indicators suggest a decrease in stock price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price.

The Bollinger Bands Narrowing pattern indicates a decrease in the stock's volatility, which often precedes a significant price movement. The KDJ Death Cross, a technical analysis indicator, signals a bearish trend when the K line (average price) crosses below the D line (average price of the previous 3 days). This combination of indicators suggests that investors should be cautious about First Merchants' stock price in the near future.

First Merchants Corp. operates through its full-service banking charter, First Merchants Bank, and the First Merchants Private Wealth Advisors division. The company has maintained dividend payments for 37 consecutive years and raised them for the past 13 years, according to InvestingPro data. The regional bank, with a market capitalization of $2.25 billion, has a current dividend yield of 3.64% and a P/E ratio of 10.1 [3].

Despite the positive earnings results reported in Q2 2025, with revenues of $95.74 million, up 12.7% year on year, and topping analysts' expectations by 4.4%, the stock has been relatively flat since the reporting date, currently trading at $126.36 [1]. Investors should monitor the technical indicators and the company's financial performance closely to make informed decisions about their investments in First Merchants.

References:
[1] https://www.ainvest.com/news/nicolet-bankshares-bollinger-bands-narrowing-kdj-death-cross-15min-chart-2508-4/
[2] https://www.ainvest.com/news/investors-seek-consistent-dividend-payers-merchants-philip-morris-alliant-energy-stand-2508/
[3] https://www.investing.com/news/company-news/first-merchants-declares-036-per-share-quarterly-dividend-93CH-4195907