(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 2024-12-09 View latest technical analysis
10 day averaged volume of First Merchants is 191810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 42.78 | 43.30 | 43.35 | 42.74 | 0.806 times |
| 26 Tue Nov 2024 | 44.29 | 44.66 | 45.28 | 44.21 | 0.924 times |
| 26 Tue Nov 2024 | 44.29 | 44.66 | 45.28 | 44.21 | 0.924 times |
| 25 Mon Nov 2024 | 44.97 | 44.92 | 46.13 | 44.68 | 1.466 times |
| 22 Fri Nov 2024 | 44.05 | 43.43 | 44.19 | 43.32 | 1.01 times |
| 21 Thu Nov 2024 | 43.40 | 42.83 | 43.99 | 42.59 | 0.902 times |
| 20 Wed Nov 2024 | 42.72 | 42.71 | 42.93 | 42.06 | 0.901 times |
| 19 Tue Nov 2024 | 42.86 | 42.57 | 43.25 | 42.55 | 0.645 times |
| 18 Mon Nov 2024 | 43.31 | 43.36 | 43.73 | 43.15 | 0.898 times |
| 15 Fri Nov 2024 | 43.48 | 43.72 | 44.00 | 42.75 | 1.253 times |
My analysis of stock is bullish for shortterm, and stock might move up till 45.1 or till 48. Use a stoploss of 42.62 and if this stock hits its stoploss, then it can fall down till 40.19
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 34.67 |
| Downside Target | 36.18 |
| Downside Target | 39.11 |
| Downside Target | 42.06 |
| Upside Target | 43.35 |
| Upside Target | 44.19 |
| Upside 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 | 42.56 |
| Downside Intraday Target | 42.35 |
| Upside Intraday Target | 43.17 |
| Upside Intraday Target | 43.57 |
| Upside Intraday Target | 42.96 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 42.78 | 43.30 | 43.35 | 42.74 | 0.872 times |
| 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 |
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 |
| 09 Mon Dec 2024 | 42.78 | 43.30 | 43.35 | 42.74 | 0.028 times |
| 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 |
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 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 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 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 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 but buying is losing 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 43.72 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.
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 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 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 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 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 but buying is losing 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 43.72 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.