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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 2025-03-21 View latest technical analysis

10 day averaged volume of First Merchants is 263620

Date Daily Closing Price Open High Low Volume
21 Fri Mar 2025 40.24 40.60 40.90 39.93 5.987 times
20 Thu Mar 2025 40.86 40.88 41.63 40.81 0.928 times
19 Wed Mar 2025 40.83 40.57 41.15 40.32 1.11 times
18 Tue Mar 2025 40.61 40.41 40.72 40.06 1.43 times
17 Mon Mar 2025 40.68 40.42 41.00 40.13 1.129 times
14 Fri Mar 2025 40.31 39.56 40.38 39.39 0.854 times
13 Thu Mar 2025 39.07 39.68 40.07 39.00 0.824 times
12 Wed Mar 2025 39.52 39.06 39.85 38.93 0.833 times
11 Tue Mar 2025 38.92 39.68 39.90 38.80 0.865 times
10 Mon Mar 2025 39.68 40.64 41.10 39.53 1.19 times

Stock of First Merchants (FRME) has showed a significant fall. This could be a good time to exit from this stock.

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 39.9 as stoploss in an intra day buy trade for a target of 41.35. However, stock will show a bearish move below 39.9.

Share price targets for First Merchants (FRME)

Target Type Value
Downside Target 36.18
Downside Target 37.23
Downside Target 38.80
Upside Target 42.77
Upside Target 43.90
Upside Target 44.06
Upside Target 44.33
Upside Target 44.99
Upside Target 45.20
Upside Target 45.62
Upside Target 46.13

Intraday share price targets for First Merchants (FRME)

Target Type Value
Downside Intraday Target 39.57
Downside Intraday Target 38.9
Upside Intraday Target 41.27
Upside Intraday Target 42.3
Upside Intraday Target 40.6

Weekly technical analysis of First Merchants (FRME)

Date Weekly Closing Price Open High Low Volume
21 Fri Mar 2025 40.24 40.42 41.63 39.93 2.319 times
14 Fri Mar 2025 40.31 40.64 41.10 38.80 0.83 times
07 Fri Mar 2025 41.31 43.84 44.33 40.41 1.111 times
28 Fri Feb 2025 43.80 43.76 43.90 41.85 1.904 times
21 Fri Feb 2025 43.42 44.52 44.99 42.77 0.693 times

Price has moved down 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
21 Fri Mar 2025 40.24 43.84 44.33 38.80 1.221 times
28 Fri Feb 2025 43.80 44.19 45.62 41.85 0.836 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

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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for First Merchants in short term but SELL 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 40.17 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.

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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for First Merchants in short term but SELL 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 40.17 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.

Daily charts

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