FMBI (First Midwest) NASDAQ $21.51 intraday 26 Jan 2026: oversold bounce
FMBI stock rose 2.04% to $21.51 intraday on 26 Jan 2026 on NASDAQ in the United States. Volume reached 667652.00 shares and the intraday range held between $20.87 and $21.30. We see a classic oversold bounce setup after a pullback toward the 50-day average of $20.91. Meyka AI’s real-time signals flag short-term strength while fundamentals remain intact. This piece covers the intraday technicals, valuation context, Meyka AI grade, and a concise trading plan for the oversold bounce strategy.
Intraday price action and setup for FMBI stock
FMBI stock opened at $21.16 and printed a high of $21.30 intraday. The share move shows relVolume 1.02, with volume at 667652.00, slightly above the average of 657483.00. The 50-day average sits at $20.91 and the 200-day average at $19.86, which supports a short-term bounce thesis. The immediate range to watch is $20.87 to $21.30 for intraday continuation or reversion.
Why an oversold bounce: technicals on FMBI stock
Price testing the 50-day average often triggers mean-reversion in regional banks. Short-term volatility is ATR 0.43, which fits a tight intraday stop strategy. Momentum indicators are thin in our feed, but the Keltner band middle is $21.51 with lower band $20.65, signaling room to recover. Traders should watch a break above $21.60 for confirmation of a sustainable bounce.
Fundamentals and valuation for First Midwest Bancorp (FMBI stock)
First Midwest Bancorp reported trailing EPS of $1.54 and a price earnings ratio near 13.98. Book value per share stands at $24.11, and price to book is 0.89, showing stock price below book value. Return on equity is 7.35%, while debt to equity is 0.56. These metrics support a value-biased thesis even as the stock trades with intraday swings.
Meyka AI rates FMBI with a score out of 100 and forecast for FMBI stock
Meyka AI rates FMBI with a score out of 100: 67.65 | Grade B | Suggestion: HOLD. This grade factors S&P 500 comparison, sector and industry performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a yearly price of $22.73 and a monthly target of $26.41. Versus the current $21.51, the yearly forecast implies 5.70% upside and the monthly implies 22.78% upside. Forecasts are model-based projections and not guarantees. See more on our page: Meyka FMBI page.
Risks, catalysts and a trading plan for FMBI stock
Key risks include regional bank sector stress and a sudden rate shock. Catalysts are stronger-than-expected loan growth, margin expansion, or positive regional sector flows. For an oversold bounce trade, we suggest a tight intraday entry near $21.00, stop under $20.50, and a first target at $22.50. Scale out if price reaches $24.00 and reassess on volume above 800000.00 shares.
Final Thoughts
FMBI stock shows an actionable intraday oversold bounce setup on NASDAQ in the United States. The stock sits at $21.51 with technical support near $20.91 and the 200-day average at $19.86. Valuation looks attractive with a PE of 13.98 and a price to book of 0.89. Meyka AI rates FMBI at 67.65 out of 100 and assigns a Grade B with a HOLD suggestion. Meyka AI’s forecast model projects $22.73 for the year and $26.41 monthly, implying 5.70% and 22.78% upside respectively versus the current price. Traders using the oversold bounce strategy should control size, use a tight stop under $20.50, and watch volume for confirmation. These figures are model-based and not guarantees. We use real-time inputs and alternative data as an AI-powered market analysis platform to help frame execution and risk management.
FAQs
Is FMBI stock a buy after the intraday bounce?
FMBI stock shows a short-term bounce setup but Meyka AI currently rates it B (HOLD). Consider a disciplined entry with a stop under $20.50 and verify volume confirmation before adding exposure.
What price targets exist for FMBI stock?
Meyka AI’s forecast model projects $22.73 yearly and $26.41 monthly. We suggest an initial target at $22.50, with a more optimistic target near $24.00 on sustained momentum.
Which metrics support the FMBI stock bounce thesis?
Support comes from a PE of 13.98, book value $24.11, and price to book 0.89. The 50-day average at $20.91 offers a technical anchor for the oversold bounce.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
