(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.
10 day averaged volume of First Merchants is 218280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 35.88 | 36.10 | 36.10 | 35.49 | 1.16 times |
| 09 Thu May 2024 | 36.01 | 35.79 | 36.03 | 35.60 | 1.218 times |
| 08 Wed May 2024 | 35.65 | 35.30 | 35.74 | 35.17 | 0.704 times |
| 07 Tue May 2024 | 35.41 | 35.10 | 35.47 | 34.99 | 1.269 times |
| 06 Mon May 2024 | 34.98 | 34.97 | 35.33 | 34.56 | 0.65 times |
| 03 Fri May 2024 | 34.69 | 34.92 | 34.92 | 33.70 | 0.608 times |
| 02 Thu May 2024 | 34.39 | 34.58 | 34.59 | 34.14 | 1.505 times |
| 01 Wed May 2024 | 34.19 | 33.67 | 34.81 | 33.46 | 0.922 times |
| 30 Tue Apr 2024 | 33.42 | 33.56 | 33.75 | 33.31 | 0.966 times |
| 29 Mon Apr 2024 | 33.82 | 34.44 | 34.62 | 33.79 | 1.087 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 35.3, but if it comes below 35.3, then a intra day sell could be more profitable.
If you take a sell trade below 35.3, then use 35.3 as stoploss and 34.28 as target. However if you take a buy trade in stock , then use 35.3 as stoploss and 36.6 as target.
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 32.16 |
| Downside Target | 33.31 |
| Downside Target | 34.66 |
| Downside Target | 34.92 |
| Downside Target | 35.06 |
| Downside Target | 35.19 |
| Downside Target | 35.51 |
| Upside Target | 36.10 |
| Upside Target | 37.85 |
Intraday share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Intraday Target | 34.93 |
| Downside Intraday Target | 33.97 |
| Upside Intraday Target | 36.47 |
| Upside Intraday Target | 37.05 |
| Downside Intraday Target | 35.51 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 35.88 | 34.97 | 36.10 | 34.56 | 0.983 times |
| 03 Fri May 2024 | 34.69 | 34.44 | 34.92 | 33.31 | 0.747 times |
| 26 Fri Apr 2024 | 34.13 | 33.97 | 35.06 | 33.40 | 1.43 times |
| 19 Fri Apr 2024 | 34.07 | 33.30 | 34.12 | 32.29 | 0.995 times |
| 12 Fri Apr 2024 | 33.10 | 33.65 | 34.66 | 32.61 | 1.038 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 |
| 10 Fri May 2024 | 35.88 | 33.67 | 36.10 | 33.46 | 0.349 times |
| 30 Tue Apr 2024 | 33.42 | 35.05 | 35.06 | 32.29 | 0.741 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 |
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 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 losing momentum.
MACD generated a BUY signal for First Merchants in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
First Merchants Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 34.86 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 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 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 losing momentum.
MACD generated a BUY signal for First Merchants in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
First Merchants Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 34.86 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.