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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.

Showing technical analysis as on 2025-01-08 View latest technical analysis

10 day averaged volume of First Merchants is 155161

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	38.72	38.60	39.03	38.20	1.143 times
08 Wed Jan 2025	38.72	38.60	39.03	38.20	1.143 times
07 Tue Jan 2025	38.70	39.35	39.41	38.19	1.137 times
06 Mon Jan 2025	39.18	39.52	40.04	39.08	1.375 times
03 Fri Jan 2025	39.51	39.46	39.59	38.50	1.385 times
02 Thu Jan 2025	39.09	40.26	40.42	38.94	0.886 times
31 Tue Dec 2024	39.89	40.20	40.58	39.66	1.055 times
30 Mon Dec 2024	40.01	40.09	40.30	39.50	0.802 times
27 Fri Dec 2024	40.25	40.73	41.05	39.97	1.098 times
26 Thu Dec 2024	41.03	40.47	41.15	40.33	0.671 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.1, but if it comes above 39.1, then a intra day buy could be more profitable.
If you take a sell trade below 39.1, then use 39.1 as stoploss and 37.1 as target. However if you take a buy trade in stock , then use 39.1 as stoploss and 40.76 as target.

Share price targets for First Merchants (FRME)

Target Type	Value
Downside Target	34.77
Downside Target	36.18
Downside Target	38.19
Upside Target	39.86
Upside Target	40.04
Upside Target	40.42
Upside Target	40.58
Upside Target	41.15
Upside Target	43.88
Upside Target	44.06
Upside Target	46.13

Intraday share price targets for First Merchants (FRME)

Target Type	Value
Downside Intraday Target	38.27
Downside Intraday Target	37.82
Upside Intraday Target	39.1
Upside Intraday Target	39.48
Downside Intraday Target	38.65

Weekly technical analysis of First Merchants (FRME)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	38.72	38.60	39.03	38.20	0.313 times
08 Wed Jan 2025	38.72	39.52	40.04	38.19	0.886 times
03 Fri Jan 2025	39.51	40.09	40.58	38.50	1.18 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

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
08 Wed Jan 2025	38.72	40.26	40.42	38.19	0.253 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 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 Strong and stock is losing 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 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

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 39.42 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.