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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 2025-03-17 View latest technical analysis

10 day averaged volume of First Merchants is 265394

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	40.68	40.42	41.00	40.13	1.121 times
14 Fri Mar 2025	40.31	39.56	40.38	39.39	0.848 times
13 Thu Mar 2025	39.07	39.68	40.07	39.00	0.818 times
12 Wed Mar 2025	39.52	39.06	39.85	38.93	0.827 times
11 Tue Mar 2025	38.92	39.68	39.90	38.80	0.859 times
10 Mon Mar 2025	39.68	40.64	41.10	39.53	1.182 times
07 Fri Mar 2025	41.31	41.74	42.02	40.63	0.832 times
06 Thu Mar 2025	42.04	41.36	42.18	40.41	1.344 times
05 Wed Mar 2025	41.63	42.60	43.25	41.55	1.205 times
04 Tue Mar 2025	42.50	43.06	43.65	42.03	1.277 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 40.3 as stoploss in an intra day buy trade for a target of 42.06. However, stock will show a bearish move below 40.3.

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	40.21
Downside Intraday Target	39.73
Upside Intraday Target	41.08
Upside Intraday Target	41.47
Downside Intraday Target	40.6

Weekly technical analysis of First Merchants (FRME)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	40.68	40.42	41.00	40.13	0.247 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 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
17 Mon Mar 2025	40.68	43.84	44.33	38.80	0.662 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for First Merchants stock for short term is SELL. Signal strength is Strong and stock is losing 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 red color and prices are below the red 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 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 40.73 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 negative.

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