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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 2025-02-28 View latest technical analysis

10 day averaged volume of First Merchants is 193790

Date Daily Closing Price Open High Low Volume
28 Fri Feb 2025 43.80 43.01 43.90 43.01 2.315 times
27 Thu Feb 2025 42.97 42.26 43.02 42.26 0.954 times
26 Wed Feb 2025 42.32 42.98 43.21 41.85 0.99 times
25 Tue Feb 2025 42.98 43.35 43.74 42.97 1.396 times
24 Mon Feb 2025 43.05 43.76 43.76 43.00 1.084 times
21 Fri Feb 2025 43.42 42.77 44.66 42.77 1.164 times
20 Thu Feb 2025 44.10 43.54 44.44 43.29 0.784 times
19 Wed Feb 2025 44.57 44.02 44.61 43.97 0.896 times
18 Tue Feb 2025 44.55 44.52 44.99 44.26 0.695 times
14 Fri Feb 2025 44.61 44.95 45.62 44.59 1.069 times

Stock of First Merchants (FRME) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 43.3 or till 42.4. Use a stoploss of 44.11 and if the stock hits stoploss, then it can shoot up till 44.88

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 42.47
Downside Intraday Target 41.13
Upside Intraday Target 44.52
Upside Intraday Target 45.23
Downside Intraday Target 43.18

Weekly technical analysis of First Merchants (FRME)

Date Weekly Closing Price Open High Low Volume
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
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 up 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
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
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 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls 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 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

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 43.59 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 positive

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 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls 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 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

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 43.59 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 positive

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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