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(MRBK) Meridian Corporation complete technical analysis [charts+indicators] | Buy/Sell Meridian Corporation | (MRBK) share price targets

Complete technical analysis of Meridian Corporation (MRBK) by charts plus indicators, forecast predictions and share price targets for Meridian Corporation (MRBK)

Meridian Corporation trades in USA in N A sector.

Showing technical analysis as on 2024-08-15 View latest technical analysis

10 day averaged volume of Meridian Corporation is 14831

Date	Daily Closing Price	Open	High	Low	Volume
15 Thu Aug 2024	10.54	10.19	10.73	10.19	2.947 times
14 Wed Aug 2024	10.24	10.48	10.60	10.06	2.246 times
13 Tue Aug 2024	10.38	10.21	10.69	10.04	1.531 times
12 Mon Aug 2024	10.21	10.37	10.74	10.21	0.661 times
09 Fri Aug 2024	10.60	10.77	10.80	10.54	0.762 times
08 Thu Aug 2024	10.75	11.23	11.23	10.66	2.502 times
07 Wed Aug 2024	11.16	11.45	11.45	11.10	0.27 times
06 Tue Aug 2024	11.26	11.36	11.69	11.24	0.229 times
05 Mon Aug 2024	11.30	11.39	11.39	11.08	0.681 times
02 Fri Aug 2024	11.59	11.43	11.69	11.31	0.405 times

Stock of Meridian Corporation (MRBK) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.7, but if it comes above 10.7, then a intra day buy could be more profitable.
If you take a sell trade below 10.7, then use 10.7 as stoploss and 10.1 as target. However if you take a buy trade in stock , then use 10.7 as stoploss and 11.22 as target.

Share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Target	8.26
Downside Target	8.69
Downside Target	10.04
Upside Target	11.07
Upside Target	11.26
Upside Target	11.47
Upside Target	11.69
Upside Target	11.70
Upside Target	11.88
Upside Target	11.98
Upside Target	11.99

Intraday share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Intraday Target	10.14
Downside Intraday Target	9.74
Upside Intraday Target	10.84
Upside Intraday Target	11.14
Downside Intraday Target	10.44

Weekly technical analysis of Meridian Corporation (MRBK)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Thu Aug 2024	10.54	10.37	10.74	10.04	1.662 times
09 Fri Aug 2024	10.60	11.39	11.69	10.54	1.014 times
02 Fri Aug 2024	11.59	11.88	11.88	11.07	0.729 times
26 Fri Jul 2024	11.59	11.50	11.98	11.47	0.687 times
19 Fri Jul 2024	11.56	11.84	11.99	11.26	1.854 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Meridian Corporation (MRBK)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Thu Aug 2024	10.54	11.69	11.70	10.04	0.511 times
31 Wed Jul 2024	11.65	10.35	11.99	10.28	2.281 times
28 Fri Jun 2024	10.52	10.29	10.76	10.05	0.478 times
31 Fri May 2024	10.34	9.50	10.45	8.69	1.728 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Meridian Corporation (MRBK)

Price action analysis of Meridian Corporation ( (MRBK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Meridian Corporation ( (MRBK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Meridian Corporation ( (MRBK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Meridian Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Meridian Corporation in short term and the sell signal is strong.

Meridian Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Meridian Corporation in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Meridian Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.6 and Meridian Corporation (MRBK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Meridian Corporation (MRBK) stock. Volume based technical analysis of Meridian Corporation (MRBK) stock is negative.

Meridian Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.