(FRME) First Merchants complete technical analysis [charts+indicators] | Buy/Sell First Merchants | (FRME) share price targets
Complete technical analysis of First Merchants (FRME) by charts plus indicators, forecast predictions and share price targets for First Merchants (FRME)
First Merchants trades in USA in Finance sector.
Showing technical analysis as on 2024-03-21 View latest technical analysis
10 day averaged volume of First Merchants is 339190
Date | Daily Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 34.31 | 34.22 | 34.69 | 34.10 | 0.599 times |
20 Wed Mar 2024 | 34.14 | 32.71 | 34.44 | 32.71 | 0.629 times |
19 Tue Mar 2024 | 32.92 | 32.63 | 32.99 | 32.62 | 0.722 times |
18 Mon Mar 2024 | 32.58 | 32.71 | 33.01 | 32.40 | 0.964 times |
15 Fri Mar 2024 | 32.78 | 32.46 | 33.23 | 32.46 | 2.489 times |
14 Thu Mar 2024 | 32.69 | 33.51 | 33.81 | 32.48 | 1.035 times |
13 Wed Mar 2024 | 33.65 | 33.65 | 34.18 | 33.51 | 0.828 times |
12 Tue Mar 2024 | 33.74 | 33.87 | 33.90 | 33.39 | 0.698 times |
11 Mon Mar 2024 | 34.08 | 34.53 | 34.78 | 34.02 | 1.015 times |
08 Fri Mar 2024 | 34.65 | 35.11 | 35.21 | 34.61 | 0.665 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34.4 as stoploss in an intra day sell trade for a target of 33.69. However, stock will show a bullish move above 34.4.
Share price targets for First Merchants (FRME)
Target Type | Value |
Downside Target | 26.85 |
Downside Target | 30.59 |
Downside Target | 32.16 |
Downside Target | 33.16 |
Upside Target | 34.52 |
Upside Target | 34.69 |
Upside Target | 34.78 |
Upside Target | 35.19 |
Upside Target | 35.51 |
Upside Target | 37.85 |
Upside Target | 38.16 |
Intraday share price targets for First Merchants (FRME)
Target Type | Value |
Downside Intraday Target | 32.91 |
Downside Intraday Target | 31.51 |
Upside Intraday Target | 35.2 |
Upside Intraday Target | 36.09 |
Downside Intraday Target | 33.8 |
Weekly technical analysis of First Merchants (FRME)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 34.31 | 32.71 | 34.69 | 32.40 | 0.481 times |
15 Fri Mar 2024 | 32.78 | 34.53 | 34.78 | 32.46 | 0.812 times |
08 Fri Mar 2024 | 34.65 | 33.74 | 35.51 | 33.16 | 2.618 times |
01 Fri Mar 2024 | 32.76 | 33.94 | 34.28 | 32.16 | 1.015 times |
23 Fri Feb 2024 | 34.13 | 33.86 | 34.52 | 33.56 | 0.656 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of First Merchants (FRME)
Date | Monthly Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 34.31 | 33.00 | 35.51 | 32.16 | 1.066 times |
29 Thu Feb 2024 | 33.20 | 33.94 | 35.19 | 32.42 | 1.138 times |
31 Wed Jan 2024 | 33.81 | 36.64 | 37.85 | 33.68 | 0.891 times |
29 Fri Dec 2023 | 37.08 | 30.59 | 38.16 | 30.59 | 1.374 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of First Merchants (FRME)
Price action analysis of First Merchants ( (FRME) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of First Merchants ( (FRME) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of First Merchants ( (FRME) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of First Merchants ( (FRME) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for First Merchants stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for First Merchants in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
First Merchants Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for First Merchants in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of First Merchants is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33.35 and First Merchants (FRME) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the First Merchants (FRME) stock. Volume based technical analysis of First Merchants (FRME) stock is negative.
First Merchants Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of First Merchants ( (FRME) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of First Merchants ( (FRME) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of First Merchants ( (FRME) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of First Merchants ( (FRME) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for First Merchants stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for First Merchants in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
First Merchants Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for First Merchants in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of First Merchants is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33.35 and First Merchants (FRME) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the First Merchants (FRME) stock. Volume based technical analysis of First Merchants (FRME) stock is negative.
First Merchants Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.