(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 106150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Apr 2021 | 46.59 | 46.82 | 47.18 | 45.95 | 0.87 times |
| 16 Fri Apr 2021 | 46.78 | 47.21 | 47.47 | 46.43 | 0.867 times |
| 15 Thu Apr 2021 | 46.56 | 46.89 | 48.70 | 45.37 | 0.806 times |
| 14 Wed Apr 2021 | 46.89 | 46.12 | 47.39 | 45.88 | 0.957 times |
| 13 Tue Apr 2021 | 45.99 | 47.06 | 47.60 | 45.99 | 0.903 times |
| 12 Mon Apr 2021 | 47.23 | 46.99 | 47.40 | 46.25 | 0.761 times |
| 09 Fri Apr 2021 | 46.76 | 46.46 | 46.92 | 46.30 | 0.938 times |
| 08 Thu Apr 2021 | 46.18 | 45.55 | 46.36 | 45.12 | 1.029 times |
| 07 Wed Apr 2021 | 45.95 | 46.64 | 47.16 | 45.76 | 1.158 times |
| 06 Tue Apr 2021 | 46.53 | 47.06 | 47.42 | 46.24 | 1.413 times |
My analysis of stock is bearish for shortterm, and stock might move down till 46 or till 45.2. Use a stoploss of 46.61 and if the stock hits stoploss, then it can shoot up till 47.27
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 33.13 |
| Downside Target | 33.98 |
| Downside Target | 37.16 |
| Downside Target | 42.03 |
| Downside Target | 44.56 |
| Upside Target | 47.18 |
| Upside Target | 48.03 |
| Upside Target | 48.70 |
| Upside Target | 48.73 |
| Upside Target | 49.04 |
| Upside Target | 50.65 |
Intraday share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Intraday Target | 45.97 |
| Downside Intraday Target | 45.34 |
| Upside Intraday Target | 47.2 |
| Upside Intraday Target | 47.8 |
| Downside Intraday Target | 46.57 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Apr 2021 | 46.59 | 46.82 | 47.18 | 45.95 | 0.202 times |
| 16 Fri Apr 2021 | 46.78 | 46.99 | 48.70 | 45.37 | 0.753 times |
| 09 Fri Apr 2021 | 46.76 | 47.53 | 48.03 | 45.12 | 0.949 times |
| 01 Thu Apr 2021 | 46.76 | 47.57 | 48.73 | 46.02 | 0.689 times |
| 26 Fri Mar 2021 | 48.43 | 48.47 | 49.04 | 44.56 | 0.75 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 |
| 19 Mon Apr 2021 | 46.59 | 46.34 | 48.73 | 45.12 | 0.277 times |
| 31 Wed Mar 2021 | 46.50 | 43.27 | 50.65 | 42.78 | 1.46 times |
| 26 Fri Feb 2021 | 42.05 | 39.73 | 45.29 | 37.16 | 0.888 times |
| 29 Fri Jan 2021 | 37.67 | 37.75 | 42.03 | 33.98 | 0.858 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 20, 15, 14 | Buy |
| MACD | 1, 1 | Sell |
| Stochastics | 42 | None |
| CCI | -11 | Sell |
| RSI | 48 | Sell |
| OBV | 368100 | Sell |
| VWAP | 47 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of First Merchants ( (FRME) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of First Merchants ( (FRME) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 Weak and stock is losing 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 46.52 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 falling down
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 has given negative 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.
Daily charts
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