(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 2024-09-17 View latest technical analysis
10 day averaged volume of First Merchants is 189270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 37.30 | 37.43 | 38.23 | 36.90 | 0.868 times |
| 16 Mon Sep 2024 | 36.93 | 36.88 | 37.31 | 36.21 | 1.014 times |
| 13 Fri Sep 2024 | 36.73 | 36.41 | 36.73 | 36.10 | 0.987 times |
| 12 Thu Sep 2024 | 35.81 | 35.73 | 35.93 | 35.33 | 0.666 times |
| 11 Wed Sep 2024 | 35.63 | 35.95 | 35.95 | 34.77 | 0.964 times |
| 10 Tue Sep 2024 | 36.28 | 36.39 | 36.41 | 35.55 | 0.807 times |
| 09 Mon Sep 2024 | 36.37 | 36.40 | 36.96 | 36.23 | 1.023 times |
| 06 Fri Sep 2024 | 36.40 | 37.11 | 37.41 | 36.20 | 0.754 times |
| 05 Thu Sep 2024 | 37.39 | 38.08 | 38.08 | 37.11 | 1.116 times |
| 04 Wed Sep 2024 | 37.75 | 38.06 | 38.43 | 37.61 | 1.071 times |
My analysis of stock is bearish for shortterm, and stock might move down till 36.3 or till 35. Use a stoploss of 37.45 and if the stock hits stoploss, then it can shoot up till 38.58
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 | 36.20 |
| Upside Target | 37.91 |
| Upside Target | 38.66 |
| 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 | 36.26 |
| Downside Intraday Target | 35.23 |
| Upside Intraday Target | 38.28 |
| Upside Intraday Target | 39.27 |
| Downside Intraday Target | 37.25 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 37.30 | 36.88 | 38.23 | 36.21 | 0.423 times |
| 13 Fri Sep 2024 | 36.73 | 36.40 | 36.96 | 34.77 | 0.98 times |
| 06 Fri Sep 2024 | 36.40 | 38.36 | 39.11 | 36.20 | 3.832 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 |
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 |
| 17 Tue Sep 2024 | 37.30 | 38.36 | 39.11 | 34.77 | 0.445 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 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 term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of First Merchants ( (FRME) ) based on a short to mid 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.
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 gaining momentum.
MACD generated a SELL signal for First Merchants in short term and the sell signal is strong.
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. Bulls are getting stronger in this stock.
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 negative zone. This is the SELL 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 36.72 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 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 term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of First Merchants ( (FRME) ) based on a short to mid 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.
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 gaining momentum.
MACD generated a SELL signal for First Merchants in short term and the sell signal is strong.
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. Bulls are getting stronger in this stock.
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 negative zone. This is the SELL 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 36.72 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.