FIRST MERCHANTS CORP stock forecast: up to 35.29 USD FRME stock price prognosis

STOCK

Forecast for Fri 28 Jun 2024 price 36.18

FIRST MERCHANTS CORP stock price forecast for further price development up to 5.46% (time horizon: 1 day) and price target of 35.29 USD. Short-term (time horizon: 2 weeks) FIRST MERCHANTS CORP share price prediction for 2024-06-28 with daily closed price projections

Key Facts

Symbol FRME 

ISIN US3208171096 

CUSIP 320817109

Currency USD

Category National Commercial Banks

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 542,735,000.0

Earnings per share 3.03

Dividends 1.04

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On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

The Bank includes 124 banking locations in Indiana, Ohio, Michigan and Illinois. Talent calibration supports succession and career planning for the Corporation. On September 1, 2019, the Corporation acquired 100 percent of MBT. 9Table of ContentsPART I: ITEM 1. Under the terms of the PPP, the loans are fully guaranteed by the SBA. At December 31, 2020, OREO did not include any acquired assets. In addition, litigation can be costly, regardless of outcome. The Corporation is from time to time subject to claims related to its operations. The Corporation has traditionally paid a quarterly dividend to common stockholders.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/712534/000071253421000077/0000712534-21-000077.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 91.14/100
    • Historical view, profit is growing.
    • Company revenue is growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 105585
A - OSAIC HOLDINGS, INC. 2023-06-30 32333
Venture Visionary Partners LLC 2023-06-30 13911
VOYA INVESTMENT MANAGEMENT LLC 2022-09-30 22018
TIAA, FSB 2022-12-31 12577

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Federated Hermes Global Allocation Fund 2023-11-30 589 Long
SCHWAB STRATEGIC TRUST 2023-11-30 149025 Long
SCHWAB STRATEGIC TRUST 2023-11-30 927 Long
SCHWAB STRATEGIC TRUST 2023-11-30 270487 Long
SCHWAB STRATEGIC TRUST 2023-11-30 31845 Long

FIRST MERCHANTS CORP holding

CUSIP Symbol Name Title Of Class Value in 1000's Amount
464287788 0 ISHARES TR U.S. FINLS ETF ETF LARGE CAP/MULTI-CAP 306178 4057
058498106 0 BALL CORP COM COMMON STOCK 2375140 46453
67103H107 0 O'REILLY AUTOMOTIVE INC COM COMMON STOCK 5005860 5931
464287168 0 DOW JONES SELECT DIVIDEND ETF I SHARES ETF LARGE CAP/MULTI-CAP 526419 4365
030420103 0 AMERICAN WATER CO INC COM COMMON STOCK 1691966 11101

Insider trading for FIRST MERCHANTS CORP

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1425324 Stewart Michael J 2024-03-29 BUY Accept Accept Accept Accept
1608347 Fluhler Stephan 2024-02-28 SALE Accept Accept Accept Accept
1736608 Fehring Patrick J. 2024-02-13 SALE Accept Accept Accept Reject
1344155 Rechin Michael C 2023-12-19 SALE Accept Accept Accept Accept
1785329 Kellogg Clark C 2023-05-12 BUY Accept Accept Reject Reject
Assets / Liabilities

Bollinger Bollinger Bands for FIRST MERCHANTS CORP can provide the information where the market is moving based on price information.

FIRST MERCHANTS CORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns FIRST MERCHANTS CORP.

On-Balance Volume information for FIRST MERCHANTS CORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for FIRST MERCHANTS CORP. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for FIRST MERCHANTS CORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for FIRST MERCHANTS CORP. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for FIRST MERCHANTS CORP. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for FIRST MERCHANTS CORP. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for FIRST MERCHANTS CORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.

The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.

The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.

Moving Average Crossover

52W High 52W Low Market Cap

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FIRST MERCHANTS CORP on Nasdaq

FIRST MERCHANTS CORP on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 35.29 2024-05-04 09:20
2024-05-22 35.14 2024-05-04 09:20
2024-05-23 35.20 2024-05-04 09:20
2024-05-20 35.13 2024-05-04 09:20
2024-05-21 35.11 2024-05-04 09:20
2024-06-07 35.69 2024-05-04 09:20
2024-06-05 35.62 2024-05-04 09:20
2024-05-30 35.43 2024-05-04 09:20
2024-05-27 35.37 2024-05-04 09:20
2024-05-28 35.38 2024-05-04 09:20
2024-05-29 35.42 2024-05-04 09:20
2024-06-03 35.54 2024-05-04 09:20
2024-06-04 35.58 2024-05-04 09:20
2024-05-31 35.49 2024-05-04 09:20
2024-06-06 35.65 2024-05-04 09:20
2024-06-10 35.73 2024-05-04 09:20
2024-06-11 35.76 2024-05-04 09:20
2024-06-12 35.79 2024-05-04 09:20
2024-06-19 35.97 2024-05-04 09:20
2024-06-17 35.89 2024-05-04 09:20
2024-06-18 35.93 2024-05-04 09:20
2024-06-13 35.82 2024-05-04 09:20
2024-05-08 34.61 2024-05-04 09:20
2024-06-14 35.85 2024-05-04 09:20
2024-06-20 35.99 2024-05-04 09:20
2024-06-24 36.05 2024-05-04 09:20
2024-06-25 36.09 2024-05-04 09:20
2024-06-21 36.02 2024-05-04 09:20
2024-06-26 36.12 2024-05-04 09:20
2024-06-28 36.18 2024-05-04 09:20
2024-05-13 34.91 2024-05-04 09:20
2024-05-14 34.93 2024-05-04 09:20
2024-06-27 36.15 2024-05-04 09:20
2024-05-15 35.05 2024-05-04 09:20
2024-05-16 35.08 2024-05-04 09:20
2024-05-09 34.64 2024-05-04 09:20
2024-05-17 35.15 2024-05-04 09:20
2024-05-10 34.81 2024-05-04 09:20

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.