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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 2025-06-09 View latest technical analysis

10 day averaged volume of First Merchants is 223860

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	37.25	37.00	37.68	36.93	1.455 times
06 Fri Jun 2025	36.95	36.89	37.06	36.55	1.154 times
05 Thu Jun 2025	36.55	36.79	36.79	36.28	1.137 times
04 Wed Jun 2025	36.82	37.69	38.66	36.79	1.041 times
03 Tue Jun 2025	37.75	37.05	37.93	36.98	1.449 times
02 Mon Jun 2025	37.22	37.49	37.52	36.86	0.763 times
30 Fri May 2025	37.70	37.85	38.21	37.42	0.934 times
29 Thu May 2025	37.89	37.75	38.29	37.48	0.7 times
28 Wed May 2025	37.57	38.16	38.48	37.47	0.852 times
27 Tue May 2025	38.30	37.84	38.38	37.36	0.754 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37.1 as stoploss in an intra day buy trade for a target of 38.07. However, stock will show a bearish move below 37.1.

Share price targets for First Merchants (FRME)

Target Type	Value
Downside Target	33.13
Downside Target	35.15
Downside Target	36.28
Upside Target	38.80
Upside Target	39.48
Upside Target	39.77
Upside Target	40.27
Upside Target	41.85
Upside Target	44.33
Upside Target	45.62

Intraday share price targets for First Merchants (FRME)

Target Type	Value
Downside Intraday Target	36.89
Downside Intraday Target	36.54
Upside Intraday Target	37.64
Upside Intraday Target	38.04
Upside Intraday Target	37.29

Weekly technical analysis of First Merchants (FRME)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	37.25	37.00	37.68	36.93	0.262 times
06 Fri Jun 2025	36.95	37.49	38.66	36.28	1.71 times
30 Fri May 2025	37.70	37.84	38.48	37.36	0.643 times
23 Fri May 2025	37.34	38.74	39.48	36.93	1.019 times
16 Fri May 2025	39.18	39.21	39.77	37.79	1.032 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
09 Mon Jun 2025	37.25	37.49	38.66	36.28	0.352 times
30 Fri May 2025	37.70	35.62	39.77	35.15	0.657 times
30 Wed Apr 2025	35.64	40.10	40.27	33.13	1.081 times
31 Mon Mar 2025	40.44	43.84	44.33	38.80	1.407 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 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 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 BUY. 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.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for First Merchants in short term but BUY signal is weak.

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 37.35 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 positive

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