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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 2025-02-27 View latest technical analysis

10 day averaged volume of First Merchants is 195660

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Feb 2025	42.97	42.26	43.02	42.26	0.944 times
26 Wed Feb 2025	42.32	42.98	43.21	41.85	0.98 times
25 Tue Feb 2025	42.98	43.35	43.74	42.97	1.383 times
24 Mon Feb 2025	43.05	43.76	43.76	43.00	1.074 times
21 Fri Feb 2025	43.42	42.77	44.66	42.77	1.153 times
20 Thu Feb 2025	44.10	43.54	44.44	43.29	0.776 times
19 Wed Feb 2025	44.57	44.02	44.61	43.97	0.888 times
18 Tue Feb 2025	44.55	44.52	44.99	44.26	0.688 times
14 Fri Feb 2025	44.61	44.95	45.62	44.59	1.059 times
13 Thu Feb 2025	44.75	44.58	44.82	44.19	0.96 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.2, but if it comes above 43.2, then a intra day buy could be more profitable.
If you take a sell trade below 43.2, then use 43.2 as stoploss and 42.2 as target. However if you take a buy trade in stock , then use 43.2 as stoploss and 44.06 as target.

Share price targets for First Merchants (FRME)

Target Type	Value
Downside Target	35.13
Downside Target	36.18
Downside Target	37.23
Downside Target	39.50
Downside Target	41.85
Downside Target	42.77
Upside Target	44.99
Upside Target	45.20
Upside Target	45.45
Upside Target	45.62
Upside Target	46.13

Intraday share price targets for First Merchants (FRME)

Target Type	Value
Downside Intraday Target	41.96
Downside Intraday Target	40.95
Upside Intraday Target	43.87
Upside Intraday Target	44.77
Downside Intraday Target	42.86

Weekly technical analysis of First Merchants (FRME)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Feb 2025	42.97	43.76	43.76	41.85	1.25 times
21 Fri Feb 2025	43.42	44.52	44.99	42.77	0.693 times
14 Fri Feb 2025	44.61	44.50	45.62	43.47	0.671 times
07 Fri Feb 2025	44.67	44.19	45.45	43.08	1.058 times
31 Fri Jan 2025	44.44	40.55	45.20	40.38	2.094 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
27 Thu Feb 2025	42.97	44.19	45.62	41.85	0.752 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 BUY signal in short term and the buying is gaining 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 43.66 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.