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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.

10 day averaged volume of First Merchants is 255020

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	44.35	43.84	44.71	43.81	1.027 times
03 Mon Feb 2025	44.10	44.19	44.84	43.08	1.916 times
31 Fri Jan 2025	44.44	43.41	45.20	43.35	1.836 times
30 Thu Jan 2025	42.71	42.03	43.28	42.03	1.216 times
29 Wed Jan 2025	41.26	41.15	41.90	40.69	0.851 times
28 Tue Jan 2025	41.37	41.14	41.47	40.85	0.678 times
27 Mon Jan 2025	41.19	40.55	41.73	40.38	0.891 times
24 Fri Jan 2025	40.35	40.09	40.52	39.09	0.566 times
23 Thu Jan 2025	40.12	39.93	40.55	39.87	0.711 times
22 Wed Jan 2025	40.02	40.33	40.34	39.38	0.64 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 44.8, for a target of 42.6 or 40.75

Share price targets for First Merchants (FRME)

Target Type	Value
Downside Target	35.13
Downside Target	36.18
Downside Target	37.23
Downside Target	39.09
Downside Target	43.08
Downside Target	44.06
Upside Target	44.84
Upside Target	45.20
Upside Target	46.13

Intraday share price targets for First Merchants (FRME)

Target Type	Value
Downside Intraday Target	43.34
Downside Intraday Target	42.33
Upside Intraday Target	45.1
Upside Intraday Target	45.85
Downside Intraday Target	44.09

Weekly technical analysis of First Merchants (FRME)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	44.35	44.19	44.84	43.08	0.538 times
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

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
04 Tue Feb 2025	44.35	44.19	44.84	43.08	0.141 times
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

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

ADX buy sell signal for First Merchants stock for short term is BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.

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 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 42.63 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.