logo munafa.top

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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, 1Sell
Stochastics 42None
CCI -11Sell
RSI 48Sell
OBV 368100Sell
VWAP 47Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme