(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 2024-12-11 View latest technical analysis
10 day averaged volume of First Merchants is 186717
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 43.82 | 43.68 | 43.94 | 43.23 | 2.487 times |
| 10 Tue Dec 2024 | 43.18 | 43.02 | 43.69 | 42.51 | 1.293 times |
| 09 Mon Dec 2024 | 42.78 | 43.30 | 43.35 | 42.74 | 0.828 times |
| 26 Tue Nov 2024 | 44.29 | 44.66 | 45.28 | 44.21 | 0.949 times |
| 26 Tue Nov 2024 | 44.29 | 44.66 | 45.28 | 44.21 | 0.949 times |
| 25 Mon Nov 2024 | 44.97 | 44.92 | 46.13 | 44.68 | 1.505 times |
| 22 Fri Nov 2024 | 44.05 | 43.43 | 44.19 | 43.32 | 1.038 times |
| 21 Thu Nov 2024 | 43.40 | 42.83 | 43.99 | 42.59 | 0.927 times |
| 20 Wed Nov 2024 | 42.72 | 42.71 | 42.93 | 42.06 | 0.925 times |
| 19 Tue Nov 2024 | 42.86 | 42.57 | 43.25 | 42.55 | 0.663 times |
Stock of First Merchants (FRME) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 44.8 or till 46.5. Use a stoploss of 43.29 and if this stock hits its stoploss, then it can fall down till 41.81
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 | 43.94 |
| 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 | 42.91 |
| Downside Intraday Target | 41.99 |
| Upside Intraday Target | 44.34 |
| Upside Intraday Target | 44.85 |
| Downside Intraday Target | 43.42 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 43.82 | 43.30 | 43.94 | 42.51 | 4.854 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of First Merchants (FRME)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 43.82 | 43.30 | 43.94 | 42.51 | 0.157 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 SELL signal for First Merchants in short term but the sell signal is initial and weak.
First Merchants Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 43.74 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 SELL signal for First Merchants in short term but the sell signal is initial and weak.
First Merchants Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 43.74 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.