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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 2025-05-19 View latest technical analysis

10 day averaged volume of First Merchants is 217960

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon May 2025	39.37	38.74	39.42	37.97	0.759 times
16 Fri May 2025	39.18	39.14	39.37	38.80	1.066 times
15 Thu May 2025	39.27	39.22	39.39	38.58	0.812 times
14 Wed May 2025	39.05	38.95	39.33	38.32	0.805 times
13 Tue May 2025	39.34	39.45	39.45	38.63	0.866 times
12 Mon May 2025	39.21	39.21	39.77	37.79	1.531 times
09 Fri May 2025	37.76	37.98	38.06	37.34	0.906 times
08 Thu May 2025	37.97	37.48	38.31	37.34	1.041 times
07 Wed May 2025	37.17	37.29	37.47	36.96	1.171 times
06 Tue May 2025	36.81	36.61	37.10	36.45	0.864 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.7, but if it comes below 38.7, then a intra day sell could be more profitable.
If you take a sell trade below 38.7, then use 38.7 as stoploss and 37.27 as target. However if you take a buy trade in stock , then use 38.7 as stoploss and 40.5 as target.

Share price targets for First Merchants (FRME)

Target Type	Value
Downside Target	33.13
Downside Target	34.60
Downside Target	36.45
Upside Target	39.42
Upside Target	39.77
Upside Target	40.27
Upside Target	41.85
Upside Target	44.33
Upside Target	45.20
Upside Target	45.62

Intraday share price targets for First Merchants (FRME)

Target Type	Value
Downside Intraday Target	38.42
Downside Intraday Target	37.47
Upside Intraday Target	39.87
Upside Intraday Target	40.37
Downside Intraday Target	38.92

Weekly technical analysis of First Merchants (FRME)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon May 2025	39.37	38.74	39.42	37.97	0.15 times
16 Fri May 2025	39.18	39.21	39.77	37.79	1.032 times
09 Fri May 2025	37.76	36.72	38.31	36.45	0.722 times
02 Fri May 2025	37.03	36.20	37.18	34.85	1.275 times
25 Fri Apr 2025	35.56	35.25	36.79	34.60	2.855 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
19 Mon May 2025	39.37	35.62	39.77	35.15	0.408 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
28 Fri Feb 2025	43.80	44.19	45.62	41.85	0.836 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 Weak 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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 38.5 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.