(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 2024-10-29 View latest technical analysis
10 day averaged volume of First Merchants is 341870
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 37.12 | 36.93 | 37.26 | 36.87 | 1.12 times |
| 28 Mon Oct 2024 | 37.16 | 36.30 | 37.35 | 36.00 | 1.527 times |
| 25 Fri Oct 2024 | 35.75 | 36.25 | 36.38 | 35.64 | 0.773 times |
| 24 Thu Oct 2024 | 36.00 | 36.25 | 37.17 | 35.13 | 1.95 times |
| 23 Wed Oct 2024 | 37.36 | 37.27 | 38.35 | 36.98 | 1.192 times |
| 22 Tue Oct 2024 | 37.35 | 37.40 | 37.54 | 37.14 | 0.581 times |
| 21 Mon Oct 2024 | 37.38 | 38.85 | 38.98 | 37.32 | 0.871 times |
| 18 Fri Oct 2024 | 38.83 | 39.84 | 39.84 | 38.73 | 1.009 times |
| 17 Thu Oct 2024 | 39.65 | 39.31 | 39.69 | 38.93 | 0.739 times |
| 16 Wed Oct 2024 | 39.40 | 39.00 | 39.65 | 38.85 | 0.636 times |
My analysis of stock is bullish for shortterm, and stock might move up till 38.3 or till 39.8. Use a stoploss of 37.07 and if this stock hits its stoploss, then it can fall down till 35.84
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 30.55 |
| Downside Target | 32.28 |
| Downside Target | 33.49 |
| Downside Target | 34.67 |
| Downside Target | 36.00 |
| Downside Target | 36.85 |
| Upside Target | 37.59 |
| Upside Target | 38.98 |
| Upside Target | 39.11 |
| Upside Target | 39.84 |
| Upside Target | 40.49 |
| Upside Target | 42.45 |
Intraday share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Intraday Target | 36.3 |
| Downside Intraday Target | 35.47 |
| Upside Intraday Target | 37.65 |
| Upside Intraday Target | 38.17 |
| Downside Intraday Target | 36.82 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 37.12 | 36.30 | 37.35 | 36.00 | 0.493 times |
| 25 Fri Oct 2024 | 35.75 | 38.85 | 38.98 | 35.13 | 1.505 times |
| 18 Fri Oct 2024 | 38.83 | 37.20 | 39.84 | 36.85 | 1.704 times |
| 11 Fri Oct 2024 | 37.18 | 35.97 | 37.46 | 35.27 | 0.739 times |
| 04 Fri Oct 2024 | 36.19 | 36.50 | 37.59 | 35.16 | 0.752 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 |
| 29 Tue Oct 2024 | 37.12 | 37.03 | 39.84 | 35.13 | 1.037 times |
| 30 Mon Sep 2024 | 37.20 | 38.36 | 39.11 | 34.77 | 1.127 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 |
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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 coming down
CCI has generated a buy signal for First Merchants in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 37.36 and First Merchants (FRME) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 coming down
CCI has generated a buy signal for First Merchants in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 37.36 and First Merchants (FRME) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.