(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 2024-11-01 View latest technical analysis
10 day averaged volume of First Merchants is 391620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 36.99 | 37.41 | 37.56 | 36.86 | 0.622 times |
| 31 Thu Oct 2024 | 37.05 | 37.83 | 37.97 | 37.01 | 0.93 times |
| 30 Wed Oct 2024 | 37.73 | 37.07 | 38.22 | 36.99 | 1.195 times |
| 29 Tue Oct 2024 | 37.12 | 36.93 | 37.26 | 36.87 | 0.977 times |
| 28 Mon Oct 2024 | 37.16 | 36.30 | 37.35 | 36.00 | 1.333 times |
| 25 Fri Oct 2024 | 35.75 | 36.25 | 36.38 | 35.64 | 0.674 times |
| 24 Thu Oct 2024 | 36.00 | 36.25 | 37.17 | 35.13 | 1.702 times |
| 23 Wed Oct 2024 | 37.36 | 37.27 | 38.35 | 36.98 | 1.04 times |
| 22 Tue Oct 2024 | 37.35 | 37.40 | 37.54 | 37.14 | 0.507 times |
| 21 Mon Oct 2024 | 37.38 | 38.85 | 38.98 | 37.32 | 0.76 times |
My analysis of stock is bearish for shortterm, and stock might move down till 36.2 or till 34.8. Use a stoploss of 37.28 and if the stock hits stoploss, then it can shoot up till 38.4
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 32.28 |
| Downside Target | 34.67 |
| Downside Target | 36.00 |
| Downside Target | 36.85 |
| Upside Target | 37.59 |
| Upside Target | 38.22 |
| 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 | 35.92 |
| Downside Intraday Target | 34.85 |
| Upside Intraday Target | 38.14 |
| Upside Intraday Target | 39.29 |
| Upside Intraday Target | 37.07 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 36.99 | 36.30 | 38.22 | 36.00 | 1.079 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 |
| 01 Fri Nov 2024 | 36.99 | 37.41 | 37.56 | 36.86 | 0.039 times |
| 31 Thu Oct 2024 | 37.05 | 37.03 | 39.84 | 35.13 | 1.197 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 |
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 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 to mid 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 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 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 below the red 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 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 36.95 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 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 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 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 to mid 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 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 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 below the red 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 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 36.95 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.