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.O) Moving Averages Convergence Divergence (MACD) indicator is 0.97, suggesting FRME.O is Strong buy.

First Merchants Corp (FRME.O) 20-Day simple moving average is 39.128, while First Merchants Corp (FRME.O) share price is $42.34, making it Buy.

First Merchants Corp (FRME.O) 60-Day simple moving average is 38.016, while First Merchants Corp (FRME.O) share price is $42.34, making it Buy.

Technical Analysis for FRME

Technical Sentiment Analysis for First Merchants Corp (FRME) As of 2026-02-06, First Merchants Corp (FRME) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FRME stands at 71.353, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.97, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 93.845 and the Commodity Channel Index (CCI) at 167.954 further confirm a 4.25 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, FRME is trading below its 60-day moving average of $38.016 and below its 200-day long-term moving average of $38.256. Key price levels to watch include the immediate resistance at $42.517 and strong support at $37.587. A break above $42.517 could signal a bull continuation, while falling below $37.587 may test the next Fibonacci floor at $35.128.

First Merchants Corp (FRME) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	32.657	35.128	37.587	40.058	42.517	44.988	47.447
Fibonacci	35.128	37.012	38.175	40.058	41.942	43.105	44.988

First Merchants Corp (FRME) Technical Indicators

2026-02-06

Name	Value
RSI_14	71.353
STOCHk_14_3_3	93.845
STOCHd_14_3_3	89.995
CCI_20	167.954
AO_5_34	2.623
MOM_10	4.25
MACD_12_26_9	0.97

First Merchants Corp (FRME) Relative Strength Index (RSI) is 71.353, creating a Sell signal.

First Merchants Corp (FRME) Stochastic Oscillator is 93.845, creating a Sell signal.

First Merchants Corp (FRME) Stochastic RSI is 89.995, creating a Sell signal.

First Merchants Corp (FRME) Commodity Channel Index (CCI) is 167.954, creating a Sell signal.

First Merchants Corp (FRME) Awesome Oscillator is 2.623, creating a Buy signal.

First Merchants Corp (FRME) Momentum is 4.25, creating a Buy signal.

First Merchants Corp (FRME) MACD is 0.97, creating a Buy signal.

First Merchants Corp (FRME) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	41.542	Buy
MA_10	40.045	Buy
MA_20	39.128	Buy
MA_60	38.016	Buy
MA_200	38.256	Buy
MA_250	38.655	Buy

First Merchants Corp (FRME) 5-Day simple moving average is 41.542, while First Merchants Corp (FRME) share price is $42.34, making it a Buy.

First Merchants Corp (FRME) 10-Day simple moving average is 40.045, while First Merchants Corp (FRME) share price is $42.34, making it a Buy.

First Merchants Corp (FRME) 20-Day simple moving average is 39.128, while First Merchants Corp (FRME) share price is $42.34, making it a Buy.

First Merchants Corp (FRME) 60-Day simple moving average is 38.016, while First Merchants Corp (FRME) share price is $42.34, making it a Buy.

First Merchants Corp (FRME) 200-Day simple moving average is 38.256, while First Merchants Corp (FRME) share price is $42.34, making it a Buy.

First Merchants Corp (FRME) 250-Day simple moving average is 38.655, while First Merchants Corp (FRME) share price is $42.34, 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 4 buy signals and 5 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 37.587 and a major resistance level at 42.517. 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 71.353. This indicates that the stock is in overbought 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 0.97, 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 $42.34, which is above its 200-day simple moving average of 38.256. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.