(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 2024-03-11 View latest technical analysis
10 day averaged volume of First Merchants is 350230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 34.08 | 34.53 | 34.78 | 34.02 | 0.983 times |
| 08 Fri Mar 2024 | 34.65 | 35.11 | 35.21 | 34.61 | 0.644 times |
| 07 Thu Mar 2024 | 34.54 | 34.83 | 35.51 | 34.49 | 0.925 times |
| 06 Wed Mar 2024 | 34.23 | 34.39 | 35.00 | 33.16 | 2.118 times |
| 05 Tue Mar 2024 | 35.06 | 34.00 | 35.44 | 33.67 | 1.229 times |
| 04 Mon Mar 2024 | 34.02 | 33.74 | 35.50 | 33.20 | 2.319 times |
| 01 Fri Mar 2024 | 32.76 | 33.00 | 33.39 | 32.16 | 0.545 times |
| 29 Thu Feb 2024 | 33.20 | 33.44 | 33.83 | 32.93 | 0.531 times |
| 28 Wed Feb 2024 | 33.13 | 33.16 | 33.45 | 33.04 | 0.52 times |
| 27 Tue Feb 2024 | 33.49 | 33.90 | 34.15 | 33.38 | 0.455 times |
My analysis of stock is bullish for shortterm, and stock might move up till 34.6 or till 35.3. Use a stoploss of 33.96 and if this stock hits its stoploss, then it can fall down till 33.33
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 26.85 |
| Downside Target | 30.59 |
| Downside Target | 32.16 |
| Downside Target | 33.16 |
| Upside Target | 34.52 |
| Upside Target | 34.78 |
| Upside Target | 35.19 |
| Upside Target | 35.51 |
| Upside Target | 37.85 |
| Upside Target | 38.16 |
Intraday share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Intraday Target | 33.81 |
| Downside Intraday Target | 33.53 |
| Upside Intraday Target | 34.57 |
| Upside Intraday Target | 35.05 |
| Upside Intraday Target | 34.29 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 34.08 | 34.53 | 34.78 | 34.02 | 0.136 times |
| 08 Fri Mar 2024 | 34.65 | 33.74 | 35.51 | 33.16 | 2.618 times |
| 01 Fri Mar 2024 | 32.76 | 33.94 | 34.28 | 32.16 | 1.015 times |
| 23 Fri Feb 2024 | 34.13 | 33.86 | 34.52 | 33.56 | 0.656 times |
| 16 Fri Feb 2024 | 34.39 | 33.79 | 35.19 | 32.42 | 0.988 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 |
| 11 Mon Mar 2024 | 34.08 | 33.00 | 35.51 | 32.16 | 0.567 times |
| 29 Thu Feb 2024 | 33.20 | 33.94 | 35.19 | 32.42 | 1.138 times |
| 31 Wed Jan 2024 | 33.81 | 36.64 | 37.85 | 33.68 | 0.891 times |
| 29 Fri Dec 2023 | 37.08 | 30.59 | 38.16 | 30.59 | 1.374 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for First Merchants in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for First Merchants in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 34.1 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for First Merchants in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for First Merchants in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 34.1 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.