(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 2024-08-19 View latest technical analysis
10 day averaged volume of Meridian Corporation is 22241
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 10.75 | 10.53 | 10.75 | 10.53 | 0.949 times |
| 16 Fri Aug 2024 | 10.58 | 10.70 | 10.70 | 10.46 | 2.113 times |
| 15 Thu Aug 2024 | 10.54 | 10.19 | 10.73 | 10.19 | 1.965 times |
| 14 Wed Aug 2024 | 10.24 | 10.48 | 10.60 | 10.06 | 1.498 times |
| 13 Tue Aug 2024 | 10.38 | 10.21 | 10.69 | 10.04 | 1.021 times |
| 12 Mon Aug 2024 | 10.21 | 10.37 | 10.74 | 10.21 | 0.441 times |
| 09 Fri Aug 2024 | 10.60 | 10.77 | 10.80 | 10.54 | 0.508 times |
| 08 Thu Aug 2024 | 10.75 | 11.23 | 11.23 | 10.66 | 1.668 times |
| 07 Wed Aug 2024 | 11.16 | 11.45 | 11.45 | 11.10 | 0.18 times |
| 06 Tue Aug 2024 | 11.26 | 11.36 | 11.69 | 11.24 | 0.153 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.6 as stoploss in an intra day buy trade for a target of 11.12. However, stock will show a bearish move below 10.6.
Share price targets for Meridian Corporation (MRBK)
| Target Type | Value |
| Downside Target | 8.26 |
| Downside Target | 8.69 |
| Downside Target | 10.04 |
| Upside Target | 10.76 |
| Upside Target | 11.07 |
| 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 | 10.6 |
| Downside Intraday Target | 10.46 |
| Upside Intraday Target | 10.82 |
| Upside Intraday Target | 10.9 |
| Downside Intraday Target | 10.68 |
Weekly technical analysis of Meridian Corporation (MRBK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 10.75 | 10.53 | 10.75 | 10.53 | 0.135 times |
| 16 Fri Aug 2024 | 10.58 | 10.37 | 10.74 | 10.04 | 2.375 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 |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Meridian Corporation (MRBK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 10.75 | 11.69 | 11.70 | 10.04 | 0.692 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Meridian Corporation ( (MRBK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Meridian Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 10.55 and Meridian Corporation (MRBK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Price action analysis of Meridian Corporation ( (MRBK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Meridian Corporation ( (MRBK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Meridian Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 10.55 and Meridian Corporation (MRBK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.