(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 2024-12-12 View latest technical analysis
10 day averaged volume of First Merchants is 215921
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 43.37 | 43.57 | 44.06 | 43.29 | 1.096 times |
| 11 Wed Dec 2024 | 43.82 | 43.68 | 43.94 | 43.23 | 2.151 times |
| 10 Tue Dec 2024 | 43.18 | 43.02 | 43.69 | 42.51 | 1.118 times |
| 09 Mon Dec 2024 | 42.78 | 43.30 | 43.35 | 42.74 | 0.716 times |
| 26 Tue Nov 2024 | 44.29 | 44.66 | 45.28 | 44.21 | 0.821 times |
| 26 Tue Nov 2024 | 44.29 | 44.66 | 45.28 | 44.21 | 0.821 times |
| 25 Mon Nov 2024 | 44.97 | 44.92 | 46.13 | 44.68 | 1.302 times |
| 22 Fri Nov 2024 | 44.05 | 43.43 | 44.19 | 43.32 | 0.898 times |
| 21 Thu Nov 2024 | 43.40 | 42.83 | 43.99 | 42.59 | 0.802 times |
| 20 Wed Nov 2024 | 42.72 | 42.71 | 42.93 | 42.06 | 0.8 times |
My analysis of stock is bearish for shortterm, and stock might move down till 42.9 or till 42.2. Use a stoploss of 43.58 and if the stock hits stoploss, then it can shoot up till 44.23
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 | 44.06 |
| 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 | 42.57 |
| Downside Intraday Target | 41.76 |
| Upside Intraday Target | 44.12 |
| Upside Intraday Target | 44.86 |
| Downside Intraday Target | 43.31 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 43.37 | 43.30 | 44.06 | 42.51 | 6.19 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 |
| 12 Thu Dec 2024 | 43.37 | 43.30 | 44.06 | 42.51 | 0.201 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 weakening, and bulls are picking up momentum!
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 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 43.75 and First Merchants (FRME) stock is trading below this level. This means that stock is falling with high volumes. 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 weakening, and bulls are picking up momentum!
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 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 43.75 and First Merchants (FRME) stock is trading below this level. This means that stock is falling with high volumes. 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.