(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 2024-09-03 View latest technical analysis
10 day averaged volume of First Merchants is 199730
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 38.19 | 38.36 | 39.11 | 37.97 | 1.514 times |
| 30 Fri Aug 2024 | 39.00 | 39.11 | 39.38 | 38.66 | 1.123 times |
| 30 Fri Aug 2024 | 39.00 | 39.11 | 39.38 | 38.66 | 1.123 times |
| 29 Thu Aug 2024 | 38.94 | 39.49 | 39.49 | 38.65 | 0.865 times |
| 28 Wed Aug 2024 | 38.99 | 38.51 | 39.27 | 38.25 | 0.704 times |
| 27 Tue Aug 2024 | 38.47 | 38.49 | 38.60 | 37.91 | 1.172 times |
| 26 Mon Aug 2024 | 38.54 | 38.88 | 39.13 | 38.29 | 1.358 times |
| 23 Fri Aug 2024 | 38.42 | 36.79 | 39.06 | 36.49 | 1.244 times |
| 22 Thu Aug 2024 | 36.51 | 36.25 | 36.75 | 36.25 | 0.839 times |
| 21 Wed Aug 2024 | 36.39 | 36.93 | 36.93 | 36.12 | 0.721 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 38.5 as stoploss in an intra day sell trade for a target of 37.15. However, stock will show a bullish move above 38.5.
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 30.55 |
| Downside Target | 32.02 |
| Downside Target | 33.49 |
| Downside Target | 34.67 |
| Downside Target | 36.12 |
| Downside Target | 37.29 |
| Upside Target | 39.06 |
| Upside Target | 39.11 |
| Upside Target | 39.38 |
| Upside Target | 39.49 |
| Upside Target | 40.49 |
| Upside Target | 42.45 |
Intraday share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Intraday Target | 37.74 |
| Downside Intraday Target | 37.28 |
| Upside Intraday Target | 38.88 |
| Upside Intraday Target | 39.56 |
| Upside Intraday Target | 38.42 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 38.19 | 38.36 | 39.11 | 37.97 | 1.349 times |
| 30 Fri Aug 2024 | 39.00 | 39.11 | 39.38 | 38.66 | 0.215 times |
| 30 Fri Aug 2024 | 39.00 | 38.88 | 39.49 | 37.91 | 1.344 times |
| 23 Fri Aug 2024 | 38.42 | 36.74 | 39.06 | 36.12 | 0.799 times |
| 16 Fri Aug 2024 | 36.76 | 35.70 | 37.29 | 34.78 | 0.981 times |
Price has moved down 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 |
| 03 Tue Sep 2024 | 38.19 | 38.36 | 39.11 | 37.97 | 0.065 times |
| 30 Fri Aug 2024 | 39.00 | 40.32 | 40.49 | 34.67 | 0.771 times |
| 31 Wed Jul 2024 | 40.35 | 33.11 | 42.45 | 32.28 | 1.097 times |
| 28 Fri Jun 2024 | 33.29 | 33.37 | 33.49 | 30.55 | 1.269 times |
Scroll below to view daily charts
Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of First Merchants ( (FRME) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of First Merchants ( (FRME) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of First Merchants ( (FRME) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for First Merchants stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for First Merchants in short term and the buy signal is strong.
First Merchants Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for First Merchants in short term but SELL signal is weak.
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 38.32 and First Merchants (FRME) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of First Merchants ( (FRME) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of First Merchants ( (FRME) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of First Merchants ( (FRME) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for First Merchants stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for First Merchants in short term and the buy signal is strong.
First Merchants Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for First Merchants in short term but SELL signal is weak.
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 38.32 and First Merchants (FRME) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.