(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 2024-11-25 View latest technical analysis
10 day averaged volume of First Merchants is 234020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 44.97 | 44.92 | 46.13 | 44.68 | 1.201 times |
| 22 Fri Nov 2024 | 44.05 | 43.43 | 44.19 | 43.32 | 0.828 times |
| 21 Thu Nov 2024 | 43.40 | 42.83 | 43.99 | 42.59 | 0.74 times |
| 20 Wed Nov 2024 | 42.72 | 42.71 | 42.93 | 42.06 | 0.738 times |
| 19 Tue Nov 2024 | 42.86 | 42.57 | 43.25 | 42.55 | 0.529 times |
| 18 Mon Nov 2024 | 43.31 | 43.36 | 43.73 | 43.15 | 0.736 times |
| 15 Fri Nov 2024 | 43.48 | 43.72 | 44.00 | 42.75 | 1.027 times |
| 14 Thu Nov 2024 | 43.45 | 43.77 | 44.09 | 43.18 | 0.882 times |
| 13 Wed Nov 2024 | 43.57 | 44.45 | 45.08 | 43.49 | 1.196 times |
| 12 Tue Nov 2024 | 44.54 | 44.33 | 44.98 | 43.50 | 1.801 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.6, but if it comes below 44.6, then a intra day sell could be more profitable.
If you take a sell trade below 44.6, then use 44.6 as stoploss and 41.64 as target. However if you take a buy trade in stock , then use 44.6 as stoploss and 48.2 as target.
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 | 39.11 |
| Downside Target | 42.06 |
| Downside Target | 42.75 |
| Downside Target | 43.52 |
| Downside Target | 44.19 |
| Downside Target | 44.68 |
| Upside Target | 45.08 |
| Upside Target | 46.13 |
Intraday share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Intraday Target | 44.39 |
| Downside Intraday Target | 43.81 |
| Upside Intraday Target | 45.84 |
| Upside Intraday Target | 46.71 |
| Upside Intraday Target | 45.26 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 44.97 | 44.92 | 46.13 | 44.68 | 0.336 times |
| 22 Fri Nov 2024 | 44.05 | 43.36 | 44.19 | 42.06 | 0.556 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 |
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 |
| 25 Mon Nov 2024 | 44.97 | 37.41 | 46.13 | 36.18 | 0.819 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 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 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 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 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 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 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 43.81 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 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 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 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 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 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 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 43.81 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.