(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 244300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 34.46 | 34.81 | 34.95 | 33.40 | 1.045 times |
| 24 Wed Apr 2024 | 35.05 | 34.20 | 35.06 | 34.10 | 0.938 times |
| 23 Tue Apr 2024 | 34.72 | 34.06 | 34.95 | 34.02 | 0.834 times |
| 22 Mon Apr 2024 | 33.99 | 33.97 | 34.33 | 33.74 | 2.313 times |
| 19 Fri Apr 2024 | 34.07 | 32.83 | 34.12 | 32.70 | 1.258 times |
| 18 Thu Apr 2024 | 32.92 | 32.38 | 33.08 | 32.38 | 0.856 times |
| 17 Wed Apr 2024 | 32.48 | 32.83 | 33.00 | 32.31 | 0.641 times |
| 16 Tue Apr 2024 | 32.51 | 32.51 | 32.72 | 32.29 | 0.638 times |
| 15 Mon Apr 2024 | 32.86 | 33.30 | 33.65 | 32.48 | 0.863 times |
| 12 Fri Apr 2024 | 33.10 | 32.99 | 33.35 | 32.98 | 0.864 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34.5 as stoploss in an intra day sell trade for a target of 33.71. However, stock will show a bullish move above 34.5.
Share price targets for First Merchants (FRME)
| Target Type | Value |
| Downside Target | 30.59 |
| Downside Target | 32.16 |
| Upside Target | 34.66 |
| Upside Target | 35.05 |
| Upside Target | 35.06 |
| 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 | 33.55 |
| Downside Intraday Target | 32.65 |
| Upside Intraday Target | 35.21 |
| Upside Intraday Target | 35.97 |
| Downside Intraday Target | 34.31 |
Weekly technical analysis of First Merchants (FRME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 34.46 | 33.97 | 35.06 | 33.40 | 1.205 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 |
| 05 Fri Apr 2024 | 33.63 | 35.05 | 35.05 | 33.31 | 1.151 times |
| 28 Thu Mar 2024 | 34.90 | 33.63 | 35.20 | 33.08 | 0.778 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 |
| 25 Thu Apr 2024 | 34.46 | 35.05 | 35.06 | 32.29 | 0.641 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 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 Weak 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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 33.76 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 Weak 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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 33.76 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.