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(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.

10 day averaged volume of First Merchants is 360290

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	42.72	42.71	42.93	42.06	0.48 times
19 Tue Nov 2024	42.86	42.57	43.25	42.55	0.344 times
18 Mon Nov 2024	43.31	43.36	43.73	43.15	0.478 times
15 Fri Nov 2024	43.48	43.72	44.00	42.75	0.667 times
14 Thu Nov 2024	43.45	43.77	44.09	43.18	0.573 times
13 Wed Nov 2024	43.57	44.45	45.08	43.49	0.777 times
12 Tue Nov 2024	44.54	44.33	44.98	43.50	1.17 times
11 Mon Nov 2024	44.46	43.58	44.67	43.03	0.989 times
08 Fri Nov 2024	42.94	42.94	43.39	42.16	0.974 times
07 Thu Nov 2024	42.70	43.00	43.26	42.13	1.84 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 43.8 as stoploss in an intra day sell trade for a target of 40.47. However, stock will show a bullish move above 43.8.

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	40.49
Downside Target	42.06
Downside Target	42.45
Upside Target	42.75
Upside Target	43.52
Upside Target	43.73
Upside Target	45.08

Intraday share price targets for First Merchants (FRME)

Target Type	Value
Downside Intraday Target	41.94
Downside Intraday Target	41.17
Upside Intraday Target	43.61
Upside Intraday Target	44.51
Upside Intraday Target	42.84

Weekly technical analysis of First Merchants (FRME)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	42.72	43.36	43.73	42.06	0.312 times
15 Fri Nov 2024	43.48	43.58	45.08	42.75	0.671 times
08 Fri Nov 2024	42.94	36.76	43.52	36.18	1.133 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

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
20 Wed Nov 2024	42.72	37.41	45.08	36.18	0.715 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for First Merchants in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 43.44 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.