FRME Stock Analysis: First Merchants Corporation

Updated Nov 3, 2026, after the Nov 2 close. Nasdaq, Banks - Regional. Refreshed every trading day from the latest close.

$41.36 +1.90% Nov 2 close

The short answer

As of the Nov 2, 2026 close, QuantivFlow's Trend algo rates FRME EXIT on the short-term (daily) horizon, a stance it has held since Jul 13, 2026 at $42.92. The mid-term (weekly) and long-term (monthly) horizons read EXIT and EXIT. The Rebound algo's Mid term profile flagged a BUY on Oct 2, 2026 at $40.15. The Patterns algo has no active chart pattern on the daily or weekly chart. The daily RSI (14) is 59, and the price sits 2.0% above the 50-day average and 2.8% above the 200-day.

Three algos, three opinions is normal: Trend follows the established direction, Rebound buys sharp dips inside it, Patterns reads the chart shape. Not investment advice.

What Trend meansA trend-following algo. BUY while an uptrend holds on that horizon, EXIT when it breaks. Long only, judged on daily, weekly and monthly candles.
What Rebound meansA dip-buying algo. BUY after a sharp short-term drop in an otherwise healthy stock, EXIT once price closes back above its 12-day average. Short term and Mid term profiles.
What Patterns meansA chart-shape detector. Finds wedges, double tops and bottoms, cup and handle and more, marks the breakout or breakdown and measures the textbook price target. Full method

Trend

rides uptrends, long only
Short term (daily)EXIT
Mid term (weekly)EXIT
Long term (monthly)EXIT

Daily EXIT since Jul 13, 2026 at $42.92. Weekly EXIT since Mar 14, 2025 at $38.13. Monthly EXIT since May 2022.

Rebound

buys sharp dips
Short termEXIT
Mid termBUY

Short term: the last dip trade closed on Oct 6, 2026 at $39.67; no open dip position. Mid term: BUY on Oct 2, 2026 at $40.15. The exit comes when price closes back above its 12-bar average or after 10 bars.

Patterns

chart shapes with targets
Daily and weekly chartsNo active pattern

No active chart pattern on the daily or weekly chart.

Daily indicators at the Nov 2 close

Read from the daily chart. The weekly and monthly readings are in the app.

MomentumValueRead
RSI (14)59.3neutral
MACD / signal0.19 / -0.01above signal, rising
ADX (14)19.3no clear trend
+DI / -DI28.8 / 20.4buyers lead
ATR (14)0.751.8% of price
Price levelsValuevs price
SMA 2040.02+3.3%
SMA 5040.54+2.0%
SMA 20040.23+2.8%
Bollinger (20, 2)38.43 to 41.61near the upper band
52-week range33.40 to 44.9369% of range
Volume645K1.5x the 20-day average

How the algos have done on FRME

Closed signals on this stock, from each algo's own history on the horizon named. Past results do not guarantee future results.

Trend, short term (3.0y)
33%win rate
-1.2%avg per trade
6closed trades
Trend, mid term (10y) Not enough closed trades on this stock yet (3 so far; 5 needed).
Trend, long term (20y) Not enough closed trades on this stock yet (3 so far; 5 needed).
Rebound, short term (2.9y)
64%win rate
+0.8%avg per trade
28closed trades
Rebound, mid term (10y)
60%win rate
+3.3%avg per trade
5closed trades
Patterns, all horizons (2y) Not enough measured breaks on this stock yet (0 detected; 5 needed).

Recent signals on FRME

DateAlgoHorizonSignalPriceNote
2026-10-06ReboundShort term EXIT 39.67closed the BUY from Sep 22 at -2.4%
2026-10-02ReboundMid term BUY 40.15open
2026-09-22ReboundShort term BUY 40.65
2026-09-02ReboundShort term EXIT 41.30closed the BUY from Aug 19 at -0.8%
2026-08-19ReboundShort term BUY 41.65
2026-08-12ReboundShort term EXIT 42.86closed the BUY from Aug 6 at +1.0%
2026-08-06ReboundShort term BUY 42.42
2026-08-03ReboundShort term EXIT 43.25closed the BUY from Jul 23 at +4.2%
2026-07-23ReboundShort term BUY 41.52
2026-07-13ReboundShort term EXIT 42.92closed the BUY from Jul 8 at +2.7%

The full FRME analysis is in the QuantivFlow app

  • Chart patterns drawn on the chart, with their measured targets
  • RSI, MACD, ADX, moving averages, Bollinger Bands and volume, read for you
  • How each algo has done on FRME: win rate, average gain, every past signal
  • A push notification the day a signal or pattern changes

Free on both stores. Scan the code with your phone, or search "QuantivFlow".

Free on the App Store and Google Play. Not installed? The button takes you to the store.

Questions about FRME

Is FRME in an uptrend right now?

Not by the Trend algo's reading, on any horizon. The daily horizon is EXIT since Jul 13, 2026. The weekly horizon is EXIT since Mar 14, 2025. The monthly horizon is EXIT since May 2022. Trend is long only: BUY means the uptrend holds on that horizon, EXIT means it broke.

Is FRME oversold?

No. The daily RSI (14) closed at 59.3; the classic oversold line is 30.

Where is FRME's 200-day moving average?

$40.23 at the Nov 2, 2026 close, with the stock at $41.36, 2.8% above it. The 50-day average is $40.54, 2.0% below the price.

Is FRME a buy today?

QuantivFlow does not give advice. It shows what each algo sees: Trend is EXIT on the daily horizon, Rebound sees a dip worth buying for a short bounce, Patterns sees no active chart pattern. How you weigh the three depends on your horizon and risk tolerance; past signals do not guarantee future results.

Other financial services stocks

Generated by QuantivFlow after every trading day from the same scan that powers the app. Signals describe what the algos observed on end-of-day data, not what you should do. QuantivFlow is not a broker or an investment adviser. Trading involves risk, including the loss of principal.

Data as of Nov 2, 2026 close. Page updated Nov 3, 2026 00:24 UTC. Machine-readable version: quantivflow.com/stocks/FRME.json