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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 2025-01-23 View latest technical analysis

10 day averaged volume of First Merchants is 268970

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	40.12	39.93	40.55	39.87	0.674 times
22 Wed Jan 2025	40.02	40.33	40.34	39.38	0.607 times
21 Tue Jan 2025	40.51	40.59	41.16	40.47	0.66 times
17 Fri Jan 2025	40.27	40.22	40.45	39.77	1.971 times
17 Fri Jan 2025	40.27	40.22	40.45	39.77	1.971 times
16 Thu Jan 2025	39.95	40.00	40.33	39.34	0.834 times
15 Wed Jan 2025	40.37	40.87	41.06	40.05	0.842 times
14 Tue Jan 2025	39.71	38.87	39.74	38.60	0.555 times
13 Mon Jan 2025	38.59	37.69	38.70	37.49	0.812 times
10 Fri Jan 2025	37.99	37.93	38.04	37.23	1.089 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 40.4 as stoploss in an intra day sell trade for a target of 39.65. However, stock will show a bullish move above 40.4.

Share price targets for First Merchants (FRME)

Target Type	Value
Downside Target	34.77
Downside Target	36.18
Downside Target	37.23
Downside Target	39.03
Downside Target	39.84
Downside Target	40.04
Upside Target	40.45
Upside Target	41.06
Upside Target	41.16
Upside Target	44.06
Upside Target	46.13

Intraday share price targets for First Merchants (FRME)

Target Type	Value
Downside Intraday Target	39.28
Downside Intraday Target	38.44
Upside Intraday Target	41.06
Upside Intraday Target	42
Upside Intraday Target	40.22

Weekly technical analysis of First Merchants (FRME)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	40.12	40.59	41.16	39.38	0.985 times
17 Fri Jan 2025	40.27	40.22	40.45	39.77	0.393 times
17 Fri Jan 2025	40.27	37.69	41.06	37.49	2.869 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

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
23 Thu Jan 2025	40.12	40.26	41.16	37.23	0.874 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 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 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 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 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 BUY signal for First Merchants in short term but the buy signal is initial and weak.

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 tired and bears 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 SELL signal in short term and selling is picking up 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 39.83 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.