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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 2025-01-31 View latest technical analysis

10 day averaged volume of First Merchants is 265380

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	44.44	43.41	45.20	43.35	1.764 times
30 Thu Jan 2025	42.71	42.03	43.28	42.03	1.169 times
29 Wed Jan 2025	41.26	41.15	41.90	40.69	0.818 times
28 Tue Jan 2025	41.37	41.14	41.47	40.85	0.652 times
27 Mon Jan 2025	41.19	40.55	41.73	40.38	0.856 times
24 Fri Jan 2025	40.35	40.09	40.52	39.09	0.544 times
23 Thu Jan 2025	40.12	39.93	40.55	39.87	0.683 times
22 Wed Jan 2025	40.02	40.33	40.34	39.38	0.615 times
21 Tue Jan 2025	40.51	40.59	41.16	40.47	0.669 times
17 Fri Jan 2025	40.27	40.22	40.45	39.77	1.998 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 43.5, for a target of 41.7 or 40.22

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	40.38
Downside Target	40.45
Downside Target	41.06
Downside Target	41.16
Downside Target	44.06
Upside Target	45.20
Upside Target	46.13

Intraday share price targets for First Merchants (FRME)

Target Type	Value
Downside Intraday Target	41.48
Downside Intraday Target	38.52
Upside Intraday Target	46.3
Upside Intraday Target	48.16
Downside Intraday Target	43.34

Weekly technical analysis of First Merchants (FRME)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	44.44	40.55	45.20	40.38	2.094 times
24 Fri Jan 2025	40.35	40.59	41.16	39.09	1.257 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of First Merchants (FRME)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	44.44	40.26	45.20	37.23	1.23 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for First Merchants stock for short term is BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green 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 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 41.55 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.