(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 2024-11-06 View latest technical analysis
10 day averaged volume of First Merchants is 375960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 43.41 | 40.00 | 43.52 | 40.00 | 2.098 times |
| 05 Tue Nov 2024 | 37.49 | 36.70 | 37.56 | 36.50 | 0.542 times |
| 04 Mon Nov 2024 | 36.65 | 36.76 | 37.02 | 36.18 | 0.632 times |
| 01 Fri Nov 2024 | 36.99 | 37.41 | 37.56 | 36.86 | 0.648 times |
| 31 Thu Oct 2024 | 37.05 | 37.83 | 37.97 | 37.01 | 0.969 times |
| 30 Wed Oct 2024 | 37.73 | 37.07 | 38.22 | 36.99 | 1.244 times |
| 29 Tue Oct 2024 | 37.12 | 36.93 | 37.26 | 36.87 | 1.018 times |
| 28 Mon Oct 2024 | 37.16 | 36.30 | 37.35 | 36.00 | 1.388 times |
| 25 Fri Oct 2024 | 35.75 | 36.25 | 36.38 | 35.64 | 0.702 times |
| 24 Thu Oct 2024 | 36.00 | 36.25 | 37.17 | 35.13 | 1.773 times |
Stock of First Merchants (FRME) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 41.4, for a target of 39.4 or 37.75
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 32.28 |
| Downside Target | 34.67 |
| Downside Target | 36.00 |
| Downside Target | 38.22 |
| Downside Target | 38.98 |
| Downside Target | 39.11 |
| Downside Target | 39.84 |
| Downside Target | 40.49 |
| Downside Target | 42.45 |
| Upside Target | 43.52 |
Intraday share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Intraday Target | 38.55 |
| Downside Intraday Target | 33.7 |
| Upside Intraday Target | 45.89 |
| Upside Intraday Target | 48.38 |
| Downside Intraday Target | 41.04 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 43.41 | 36.76 | 43.52 | 36.18 | 0.621 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 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 |
| 06 Wed Nov 2024 | 43.41 | 37.41 | 43.52 | 36.18 | 0.236 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 up 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for First Merchants stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for First Merchants in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
First Merchants Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 38.1 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 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for First Merchants stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for First Merchants in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
First Merchants Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 38.1 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 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.