(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 2024-11-04 View latest technical analysis
10 day averaged volume of First Merchants is 381470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 36.65 | 36.76 | 37.02 | 36.18 | 0.623 times |
| 01 Fri Nov 2024 | 36.99 | 37.41 | 37.56 | 36.86 | 0.638 times |
| 31 Thu Oct 2024 | 37.05 | 37.83 | 37.97 | 37.01 | 0.955 times |
| 30 Wed Oct 2024 | 37.73 | 37.07 | 38.22 | 36.99 | 1.226 times |
| 29 Tue Oct 2024 | 37.12 | 36.93 | 37.26 | 36.87 | 1.003 times |
| 28 Mon Oct 2024 | 37.16 | 36.30 | 37.35 | 36.00 | 1.368 times |
| 25 Fri Oct 2024 | 35.75 | 36.25 | 36.38 | 35.64 | 0.692 times |
| 24 Thu Oct 2024 | 36.00 | 36.25 | 37.17 | 35.13 | 1.748 times |
| 23 Wed Oct 2024 | 37.36 | 37.27 | 38.35 | 36.98 | 1.068 times |
| 22 Tue Oct 2024 | 37.35 | 37.40 | 37.54 | 37.14 | 0.521 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 36.2 as stoploss in an intra day buy trade for a target of 37.32. However, stock will show a bearish move below 36.2.
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 32.28 |
| Downside Target | 34.67 |
| Downside Target | 36.00 |
| Upside Target | 37.56 |
| 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 | 36.21 |
| Downside Intraday Target | 35.78 |
| Upside Intraday Target | 37.05 |
| Upside Intraday Target | 37.46 |
| Downside Intraday Target | 36.62 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 36.65 | 36.76 | 37.02 | 36.18 | 0.12 times |
| 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 |
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 |
| 04 Mon Nov 2024 | 36.65 | 37.41 | 37.56 | 36.18 | 0.077 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 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 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 to mid 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
Price action analysis of First Merchants ( (FRME) ) based on a mid to longer 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.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for First Merchants in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 36.9 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 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 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 to mid 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
Price action analysis of First Merchants ( (FRME) ) based on a mid to longer 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.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for First Merchants in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 36.9 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.