(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 2025-01-15 View latest technical analysis
10 day averaged volume of First Merchants is 192111
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed Jan 2025 | 40.37 | 40.87 | 41.06 | 40.05 | 1.179 times |
| 14 Tue Jan 2025 | 39.71 | 38.87 | 39.74 | 38.60 | 0.778 times |
| 13 Mon Jan 2025 | 38.59 | 37.69 | 38.70 | 37.49 | 1.137 times |
| 10 Fri Jan 2025 | 37.99 | 37.93 | 38.04 | 37.23 | 1.524 times |
| 08 Wed Jan 2025 | 38.72 | 38.60 | 39.03 | 38.20 | 0.923 times |
| 08 Wed Jan 2025 | 38.72 | 38.60 | 39.03 | 38.20 | 0.923 times |
| 07 Tue Jan 2025 | 38.70 | 39.35 | 39.41 | 38.19 | 0.918 times |
| 06 Mon Jan 2025 | 39.18 | 39.52 | 40.04 | 39.08 | 1.111 times |
| 03 Fri Jan 2025 | 39.51 | 39.46 | 39.59 | 38.50 | 1.118 times |
| 02 Thu Jan 2025 | 39.09 | 40.26 | 40.42 | 38.94 | 0.716 times |
My analysis of stock is bullish for shortterm, and stock might move up till 41 or till 42.3. Use a stoploss of 39.88 and if this stock hits its stoploss, then it can fall down till 38.8
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 34.77 |
| Downside Target | 36.18 |
| Downside Target | 37.23 |
| Downside Target | 39.84 |
| Downside Target | 40.04 |
| Upside Target | 40.58 |
| Upside Target | 41.06 |
| Upside Target | 41.15 |
| Upside Target | 44.06 |
| Upside Target | 46.13 |
Intraday share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Intraday Target | 38.22 |
| Downside Intraday Target | 36.07 |
| Upside Intraday Target | 41.79 |
| Upside Intraday Target | 43.21 |
| Downside Intraday Target | 39.64 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed Jan 2025 | 40.37 | 37.69 | 41.06 | 37.49 | 1.264 times |
| 10 Fri Jan 2025 | 37.99 | 38.60 | 39.03 | 37.23 | 0.829 times |
| 08 Wed Jan 2025 | 38.72 | 39.52 | 40.04 | 38.19 | 0.886 times |
| 03 Fri Jan 2025 | 39.51 | 40.09 | 40.58 | 38.50 | 1.18 times |
| 27 Fri Dec 2024 | 40.25 | 40.68 | 41.15 | 39.69 | 0.253 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 |
| 15 Wed Jan 2025 | 40.37 | 40.26 | 41.06 | 37.23 | 0.458 times |
| 31 Tue Dec 2024 | 39.89 | 43.30 | 44.06 | 39.50 | 0.793 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 |
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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for First Merchants stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for First Merchants in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 39.02 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 negative.
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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for First Merchants stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for First Merchants in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 39.02 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.