


Technical Sentiment Analysis for First Merchants Corp (FRME) As of 2026-04-23, First Merchants Corp (FRME) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 5 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FRME stands at 51.056, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.491, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 47.455 and the Commodity Channel Index (CCI) at -0.819 further confirm a -1.53 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, FRME is trading above its 60-day moving average of $39.685 and above its 200-day long-term moving average of $38.759. Key price levels to watch include the immediate resistance at $41.693 and strong support at $39.673. A break above $41.693 could signal a bull continuation, while falling below $39.673 may test the next Fibonacci floor at $38.677.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 37.653 | 38.677 | 39.673 | 40.697 | 41.693 | 42.717 | 43.713 |
| Fibonacci | 38.677 | 39.448 | 39.925 | 40.697 | 41.468 | 41.945 | 42.717 |
2026-04-23
| Name | Value |
|---|---|
| RSI_14 | 51.056 |
| STOCHk_14_3_3 | 47.455 |
| STOCHd_14_3_3 | 63.109 |
| CCI_20 | -0.819 |
| AO_5_34 | 2.025 |
| MOM_10 | -1.53 |
| MACD_12_26_9 | 0.491 |
2026-04-23
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 40.606 | Sell |
| MA_10 | 40.67 | Sell |
| MA_20 | 40.038 | Sell |
| MA_60 | 39.685 | Sell |
| MA_200 | 38.759 | Buy |
| MA_250 | 38.539 | Buy |