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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 2025-01-14 View latest technical analysis

10 day averaged volume of First Merchants is 189609

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	39.71	38.87	39.74	38.60	0.788 times
13 Mon Jan 2025	38.59	37.69	38.70	37.49	1.152 times
10 Fri Jan 2025	37.99	37.93	38.04	37.23	1.544 times
08 Wed Jan 2025	38.72	38.60	39.03	38.20	0.935 times
08 Wed Jan 2025	38.72	38.60	39.03	38.20	0.935 times
07 Tue Jan 2025	38.70	39.35	39.41	38.19	0.93 times
06 Mon Jan 2025	39.18	39.52	40.04	39.08	1.125 times
03 Fri Jan 2025	39.51	39.46	39.59	38.50	1.133 times
02 Thu Jan 2025	39.09	40.26	40.42	38.94	0.725 times
31 Tue Dec 2024	39.89	40.20	40.58	39.66	0.863 times

My analysis of stock is bearish for shortterm, and stock might move down till 38.7 or till 37. Use a stoploss of 40.05 and if the stock hits stoploss, then it can shoot up till 41.43

Share price targets for First Merchants (FRME)

Target Type	Value
Downside Target	34.77
Downside Target	36.18
Downside Target	37.23
Upside Target	39.74
Upside Target	39.84
Upside Target	40.04
Upside Target	40.42
Upside Target	40.58
Upside Target	41.15
Upside Target	44.06
Upside Target	46.13

Intraday share price targets for First Merchants (FRME)

Target Type	Value
Downside Intraday Target	38.22
Downside Intraday Target	36.73
Upside Intraday Target	40.47
Upside Intraday Target	41.23
Downside Intraday Target	38.98

Weekly technical analysis of First Merchants (FRME)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	39.71	37.69	39.74	37.49	0.783 times
10 Fri Jan 2025	37.99	38.60	39.03	37.23	0.829 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

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
14 Tue Jan 2025	39.71	40.26	40.42	37.23	0.405 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for First Merchants stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for First Merchants in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 38.93 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.