(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 2024-03-25 View latest technical analysis
10 day averaged volume of First Merchants is 318070
Date | Daily Closing Price | Open | High | Low | Volume |
25 Mon Mar 2024 | 33.46 | 33.63 | 34.00 | 33.27 | 0.44 times |
22 Fri Mar 2024 | 33.53 | 34.50 | 34.50 | 33.47 | 0.426 times |
21 Thu Mar 2024 | 34.31 | 34.22 | 34.69 | 34.10 | 0.639 times |
20 Wed Mar 2024 | 34.14 | 32.71 | 34.44 | 32.71 | 0.671 times |
19 Tue Mar 2024 | 32.92 | 32.63 | 32.99 | 32.62 | 0.77 times |
18 Mon Mar 2024 | 32.58 | 32.71 | 33.01 | 32.40 | 1.028 times |
15 Fri Mar 2024 | 32.78 | 32.46 | 33.23 | 32.46 | 2.654 times |
14 Thu Mar 2024 | 32.69 | 33.51 | 33.81 | 32.48 | 1.104 times |
13 Wed Mar 2024 | 33.65 | 33.65 | 34.18 | 33.51 | 0.883 times |
12 Tue Mar 2024 | 33.74 | 33.87 | 33.90 | 33.39 | 0.744 times |
My analysis of stock is bearish for shortterm, and stock might move down till 32.9 or till 32.1. Use a stoploss of 33.65 and if the stock hits stoploss, then it can shoot up till 34.35
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 | 34.28 |
Upside Target | 34.69 |
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 | 33.15 |
Downside Intraday Target | 32.85 |
Upside Intraday Target | 33.88 |
Upside Intraday Target | 34.31 |
Upside Intraday Target | 33.58 |
Weekly technical analysis of First Merchants (FRME)
Date | Weekly Closing Price | Open | High | Low | Volume |
25 Mon Mar 2024 | 33.46 | 33.63 | 34.00 | 33.27 | 0.124 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 |
01 Fri Mar 2024 | 32.76 | 33.94 | 34.28 | 32.16 | 1.015 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 |
25 Mon Mar 2024 | 33.46 | 33.00 | 35.51 | 32.16 | 1.117 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 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 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 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. 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 33.19 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 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 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 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 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. 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 33.19 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.