(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 2024-04-03 View latest technical analysis
10 day averaged volume of First Merchants is 210420
Date | Daily Closing Price | Open | High | Low | Volume |
03 Wed Apr 2024 | 33.45 | 33.49 | 33.77 | 33.31 | 0.83 times |
02 Tue Apr 2024 | 33.64 | 33.80 | 33.99 | 33.45 | 1.13 times |
01 Mon Apr 2024 | 34.14 | 35.05 | 35.05 | 34.13 | 0.928 times |
28 Thu Mar 2024 | 34.90 | 34.61 | 35.20 | 34.44 | 1.32 times |
27 Wed Mar 2024 | 34.74 | 33.55 | 34.77 | 33.55 | 1.309 times |
26 Tue Mar 2024 | 33.37 | 33.75 | 33.79 | 33.08 | 0.863 times |
25 Mon Mar 2024 | 33.46 | 33.63 | 34.00 | 33.27 | 0.664 times |
22 Fri Mar 2024 | 33.53 | 34.50 | 34.50 | 33.47 | 0.643 times |
21 Thu Mar 2024 | 34.31 | 34.22 | 34.69 | 34.10 | 0.966 times |
20 Wed Mar 2024 | 34.14 | 32.71 | 34.44 | 32.71 | 1.014 times |
My analysis of stock is bearish for shortterm, and stock might move down till 33.1 or till 32.3. Use a stoploss of 33.78 and if the stock hits stoploss, then it can shoot up till 34.46
Share price targets for First Merchants (FRME)
Target Type | Value |
Downside Target | 30.59 |
Downside Target | 32.16 |
Upside Target | 34.69 |
Upside Target | 35.05 |
Upside Target | 35.19 |
Upside Target | 35.20 |
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 | 32.82 |
Downside Intraday Target | 32.2 |
Upside Intraday Target | 34.56 |
Upside Intraday Target | 35.68 |
Upside Intraday Target | 33.94 |
Weekly technical analysis of First Merchants (FRME)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Wed Apr 2024 | 33.45 | 35.05 | 35.05 | 33.31 | 0.695 times |
28 Thu Mar 2024 | 34.90 | 33.63 | 35.20 | 33.08 | 0.778 times |
22 Fri Mar 2024 | 33.53 | 32.71 | 34.69 | 32.40 | 0.546 times |
15 Fri Mar 2024 | 32.78 | 34.53 | 34.78 | 32.46 | 0.812 times |
08 Fri Mar 2024 | 34.65 | 33.74 | 35.51 | 33.16 | 2.618 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 |
03 Wed Apr 2024 | 33.45 | 35.05 | 35.05 | 33.31 | 0.09 times |
28 Thu Mar 2024 | 34.90 | 33.00 | 35.51 | 32.16 | 1.253 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 |
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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for First Merchants stock for short term is SELL. 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.
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 and the buying is gaining 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 34.07 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for First Merchants stock for short term is SELL. 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.
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 and the buying is gaining 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 34.07 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.