(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 2024-09-26 View latest technical analysis
10 day averaged volume of First Merchants is 322430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 36.79 | 36.99 | 37.15 | 36.47 | 0.612 times |
| 25 Wed Sep 2024 | 36.54 | 36.97 | 37.05 | 36.51 | 0.643 times |
| 24 Tue Sep 2024 | 36.97 | 37.50 | 37.73 | 36.90 | 1.38 times |
| 23 Mon Sep 2024 | 37.53 | 37.59 | 37.84 | 37.00 | 0.85 times |
| 20 Fri Sep 2024 | 37.30 | 38.43 | 38.87 | 37.16 | 3.318 times |
| 19 Thu Sep 2024 | 38.73 | 38.28 | 38.76 | 37.50 | 0.905 times |
| 18 Wed Sep 2024 | 37.38 | 37.44 | 38.81 | 36.86 | 0.83 times |
| 17 Tue Sep 2024 | 37.30 | 37.43 | 38.23 | 36.90 | 0.509 times |
| 16 Mon Sep 2024 | 36.93 | 36.88 | 37.31 | 36.21 | 0.595 times |
| 13 Fri Sep 2024 | 36.73 | 36.41 | 36.73 | 36.10 | 0.58 times |
My analysis of stock is bearish for shortterm, and stock might move down till 36.3 or till 35.1. Use a stoploss of 37.2 and if the stock hits stoploss, then it can shoot up till 38.14
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 | 37.84 |
| Upside Target | 38.66 |
| Upside Target | 38.87 |
| Upside Target | 39.11 |
| Upside Target | 39.38 |
| Upside Target | 40.49 |
| Upside Target | 42.45 |
Intraday share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Intraday Target | 36.23 |
| Downside Intraday Target | 35.66 |
| Upside Intraday Target | 37.6 |
| Upside Intraday Target | 38.4 |
| Upside Intraday Target | 37.03 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 36.79 | 37.59 | 37.84 | 36.47 | 0.566 times |
| 20 Fri Sep 2024 | 37.30 | 36.88 | 38.87 | 36.21 | 2.359 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 |
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 |
| 26 Thu Sep 2024 | 36.79 | 38.36 | 39.11 | 34.77 | 1.04 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of First Merchants ( (FRME) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for First Merchants stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for First Merchants in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for First Merchants in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of First Merchants is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.28 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 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of First Merchants ( (FRME) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for First Merchants stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for First Merchants in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for First Merchants in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of First Merchants is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.28 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.