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(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 269809

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	39.09	40.26	40.42	38.94	0.51 times
31 Tue Dec 2024	39.89	40.20	40.58	39.66	0.607 times
30 Mon Dec 2024	40.01	40.09	40.30	39.50	0.461 times
27 Fri Dec 2024	40.25	40.73	41.05	39.97	0.631 times
26 Thu Dec 2024	41.03	40.47	41.15	40.33	0.386 times
24 Tue Dec 2024	40.87	40.51	40.87	40.31	0.258 times
23 Mon Dec 2024	40.53	40.68	40.92	39.69	0.737 times
20 Fri Dec 2024	40.89	39.86	41.46	39.86	2.715 times
19 Thu Dec 2024	40.36	40.65	41.30	40.22	1.515 times
18 Wed Dec 2024	40.48	43.08	43.30	40.07	1.217 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.2, but if it comes above 40.2, then a intra day buy could be more profitable.
If you take a sell trade below 40.2, then use 40.2 as stoploss and 38.1 as target. However if you take a buy trade in stock , then use 40.2 as stoploss and 41.99 as target.

Share price targets for First Merchants (FRME)

Target Type	Value
Downside Target	34.77
Downside Target	36.18
Downside Target	38.94
Upside Target	41.15
Upside Target	42.51
Upside Target	43.88
Upside Target	44.06
Upside Target	44.21
Upside Target	45.28
Upside Target	46.13

Intraday share price targets for First Merchants (FRME)

Target Type	Value
Downside Intraday Target	38.49
Downside Intraday Target	37.9
Upside Intraday Target	40.13
Upside Intraday Target	41.18
Upside Intraday Target	39.54

Weekly technical analysis of First Merchants (FRME)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	39.09	40.09	40.58	38.94	0.784 times
27 Fri Dec 2024	40.25	40.68	41.15	39.69	0.253 times
20 Fri Dec 2024	40.89	43.17	43.88	39.86	1.575 times
13 Fri Dec 2024	43.17	43.30	44.06	42.51	7.678 times
26 Tue Nov 2024	44.29	44.66	45.28	44.21	0.387 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
02 Thu Jan 2025	39.09	40.26	40.42	38.94	0.032 times
31 Tue Dec 2024	39.89	43.30	44.06	39.50	0.793 times
26 Tue Nov 2024	44.29	37.41	46.13	36.18	0.876 times
31 Thu Oct 2024	37.05	37.03	39.84	35.13	1.197 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for First Merchants in short term and the sell signal is strong.

First Merchants Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying 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 40.46 and First Merchants (FRME) stock is trading below this level. This means that stock is falling with high volumes. 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.