Why is FRME Down Today?

FRME
$38.78
▼ -2.51% ($-0.97)
Last updated: Oct 01, 2026 4:35 PM ET (809 min ago)

About First Merchants Corp

First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only ...

Sector: NATIONAL COMMERCIAL BANKS
Market Cap: $2.18B
Forward P/E: 8.5
52-Week Range: $34.66 - $45.33
Employees: 2,120

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 NATIONAL COMMERCIAL BANKS sector moving together
This appears to be a sector-wide move. The NATIONAL COMMERCIAL BANKS sector is down 1.1% on average.

✅ Move Confirmation

LOW VOLUME 0.4x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

NATIONAL COMMERCIAL BANKS sector: -1.1%

This appears to be a sector-wide move. Most NATIONAL COMMERCIAL BANKS stocks are moving in the same direction.

Market Comparison

FRME is significantly underperforming the market (-2.7% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
FRME
This Stock
-2.51%
vs S&P 500: -2.69%
vs Nasdaq: -2.82%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, FRME is expected to trade between:
$37.62 - $39.56

Key Level to Watch

$36.84 support
Watch for breakdown below $38.78

🔔 Get FRME Alerts

We'll notify you when FRME's trend changes or a new signal fires.

Last updated: Oct 01, 2026 4:35 PM (809 minutes ago)
Data refreshes every 30 minutes during market hours

Historical Context

FRME has moved more than 3.0% down on 8 occasions in the past year.

25.0%
Continuation Rate
2/8 times continued down
+1.09%
Avg Next Day Change
After similar down moves
Last similar move: Jul 23, 2026 (-4.3%) → Next day: +3.1%

Frequently Asked Questions

Why is FRME stock down today?

This appears to be a sector-wide move. The NATIONAL COMMERCIAL BANKS sector is down 1.1% on average.

Is FRME stock a buy or sell right now?

Based on current analysis, FRME shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the FRME stock price target?

FRME is currently trading at $38.78. Based on today's momentum, the expected short-term range is $37.62 - $39.56. See long-term price prediction →

Will FRME stock continue falling?

Our analysis shows a 45% probability that FRME's move continues in the next 1-3 days. Key level to watch: $36.84 (support).

Is FRME stock oversold or overbought?

FRME's RSI (Relative Strength Index) is currently at 33.1. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for FRME stock?

FRME's 10-day momentum indicator is at -1.32. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is FRME outperforming or underperforming the market?

FRME (-2.51%) is currently significantly underperforming the market (-2.7% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for FRME?

FRME's MACD (-0.57) is currently below the signal line (-0.5), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 27.9) is strong.

Is FRME in an uptrend or downtrend?

Based on moving average analysis, FRME is in a bearish trend. The price ($38.78) is trading below both the 20-day SMA ($40.85) and 50-day SMA ($41.89). This alignment typically indicates sustained downward pressure.

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