(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 2024-11-26 View latest technical analysis
10 day averaged volume of First Merchants is 202090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 44.29 | 44.66 | 45.28 | 44.21 | 0.877 times |
| 26 Tue Nov 2024 | 44.29 | 44.66 | 45.28 | 44.21 | 0.877 times |
| 25 Mon Nov 2024 | 44.97 | 44.92 | 46.13 | 44.68 | 1.391 times |
| 22 Fri Nov 2024 | 44.05 | 43.43 | 44.19 | 43.32 | 0.959 times |
| 21 Thu Nov 2024 | 43.40 | 42.83 | 43.99 | 42.59 | 0.857 times |
| 20 Wed Nov 2024 | 42.72 | 42.71 | 42.93 | 42.06 | 0.855 times |
| 19 Tue Nov 2024 | 42.86 | 42.57 | 43.25 | 42.55 | 0.613 times |
| 18 Mon Nov 2024 | 43.31 | 43.36 | 43.73 | 43.15 | 0.853 times |
| 15 Fri Nov 2024 | 43.48 | 43.72 | 44.00 | 42.75 | 1.189 times |
| 14 Thu Nov 2024 | 43.45 | 43.77 | 44.09 | 43.18 | 1.022 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 45 as stoploss in an intra day sell trade for a target of 42.33. However, stock will show a bullish move above 45.
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 32.28 |
| Downside Target | 34.67 |
| Downside Target | 36.18 |
| Downside Target | 39.11 |
| Downside Target | 42.06 |
| Downside Target | 44.19 |
| Downside Target | 44.21 |
| Upside Target | 45.08 |
| Upside Target | 45.28 |
| Upside Target | 46.13 |
Intraday share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Intraday Target | 43.91 |
| Downside Intraday Target | 43.52 |
| Upside Intraday Target | 44.98 |
| Upside Intraday Target | 45.66 |
| Upside Intraday Target | 44.59 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 44.29 | 44.66 | 45.28 | 44.21 | 0.387 times |
| 26 Tue Nov 2024 | 44.29 | 44.92 | 46.13 | 44.21 | 0.548 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 |
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 |
| 26 Tue Nov 2024 | 44.29 | 37.41 | 46.13 | 36.18 | 0.876 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 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 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 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.
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
RSI is generating a BUY signal in short term but buying is losing 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 43.77 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 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 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 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.
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
RSI is generating a BUY signal in short term but buying is losing 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 43.77 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.