FRME Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

First Merchants Corp (FRME) Moving Averages Convergence Divergence (MACD) indicator is 0.0291, suggesting FRME is Strong Buy.

First Merchants Corp (FRME) 20-Day simple moving average is 39.958, while First Merchants Corp (FRME) share price is $40.62, making it Buy.

First Merchants Corp (FRME) 60-Day simple moving average is 39.665, while First Merchants Corp (FRME) share price is $40.62, making it Buy.

Technical Analysis for FRME

Technical Sentiment Analysis for First Merchants Corp (FRME) As of 2026-06-09, First Merchants Corp (FRME) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 8 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FRME stands at 54.716, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.0291, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 56.233 and the Commodity Channel Index (CCI) at 143.742 further confirm a -0.345 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, FRME is trading above its 60-day moving average of $39.665 and above its 200-day long-term moving average of $38.853. Key price levels to watch include the immediate resistance at $41.256 and strong support at $38.831. A break above $41.256 could signal a bull continuation, while falling below $38.831 may test the next Fibonacci floor at $37.633.

First Merchants Corp (FRME) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	36.406	37.633	38.831	40.058	41.256	42.483	43.681
Fibonacci	37.633	38.559	39.132	40.058	40.984	41.557	42.483

First Merchants Corp (FRME) Technical Indicators

2026-06-09

Name	Value
RSI_14	54.716
STOCHk_14_3_3	56.233
STOCHd_14_3_3	47.454
CCI_20	143.742
AO_5_34	-0.0424
MOM_10	-0.345
MACD_12_26_9	0.0291

First Merchants Corp (FRME) Relative Strength Index (RSI) is 54.716, creating a Neutral signal.

First Merchants Corp (FRME) Stochastic Oscillator is 56.233, creating a Neutral signal.

First Merchants Corp (FRME) Stochastic RSI is 47.454, creating a Neutral signal.

First Merchants Corp (FRME) Commodity Channel Index (CCI) is 143.742, creating a Sell signal.

First Merchants Corp (FRME) Awesome Oscillator is -0.0424, creating a Sell signal.

First Merchants Corp (FRME) Momentum is -0.345, creating a Sell signal.

First Merchants Corp (FRME) MACD is 0.0291, creating a Buy signal.

First Merchants Corp (FRME) Moving Average

2026-06-09

Period	Simple	Signal
MA_5	39.914	Buy
MA_10	40.029	Buy
MA_20	39.958	Buy
MA_60	39.665	Buy
MA_200	38.853	Buy
MA_250	38.861	Buy

First Merchants Corp (FRME) 5-Day simple moving average is 39.914, while First Merchants Corp (FRME) share price is $40.62, making it a Buy.

First Merchants Corp (FRME) 10-Day simple moving average is 40.029, while First Merchants Corp (FRME) share price is $40.62, making it a Buy.

First Merchants Corp (FRME) 20-Day simple moving average is 39.958, while First Merchants Corp (FRME) share price is $40.62, making it a Buy.

First Merchants Corp (FRME) 60-Day simple moving average is 39.665, while First Merchants Corp (FRME) share price is $40.62, making it a Buy.

First Merchants Corp (FRME) 200-Day simple moving average is 38.853, while First Merchants Corp (FRME) share price is $40.62, making it a Buy.

First Merchants Corp (FRME) 250-Day simple moving average is 38.861, while First Merchants Corp (FRME) share price is $40.62, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for FRME?

The overall technical consensus for First Merchants Corp (FRME) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 3 sell signals.

What are the key support and resistance levels for First Merchants Corp (FRME) today?

Based on pivot point calculations, First Merchants Corp (FRME) has an immediate support level at 38.831 and a major resistance level at 41.256. Traders also monitor the pivot point at 40.058 to determine the intraday trend direction.

Is First Merchants Corp (FRME) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for First Merchants Corp (FRME) is currently 54.716. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for First Merchants Corp (FRME)?

First Merchants Corp (FRME) Moving Averages Convergence Divergence (MACD) indicator is 0.0291, suggesting FRME is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for First Merchants Corp.

How is First Merchants Corp (FRME) performing relative to its 200-day moving average?

First Merchants Corp (FRME) is currently trading at $40.62, which is above its 200-day simple moving average of 38.853. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.